3 ms·
Alternate hypothesis: The next year to 18 months of earnings reductions due to covid is not enough to justify a 30% drop in net present value of the market at l
by rileymat2 7y ago
Alternate hypothesis:
The next year to 18 months of earnings reductions due to covid is not enough to justify a 30% drop in net present value of the market at large.
- rayiner 7y agoTo the top with you!
- scrimps 7y agoThe the companies were accurately priced prior to COVID then that would be the case. If companies were in an overvalued bubble before COVID then that would not be the case.
- amf12 7y agoAnother alternative also is investors fleeing from emerging markets. With Fed's backing the US stock market is a better bet than some others as compared with moving to cash, bonds, Gold, etc.