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The market is way overvalued. Hold cash until it corrects.
by axaxs 6y ago
The market is way overvalued. Hold cash until it corrects.
- lapaz17 6y agoThis.
- danielrpa 6y agoThis. And have in mind that with 0% effective interest, the Fed can't cut it anymore to prop the market up.
- giantg2 6y agoEurope has negative rates. It could happen here. They simply recommended that no more monetary policy changes be made and that we instead rely on fiscal stimulus.
- RickJWagner 6y agoCaution. As the great John Bogle once said, "Nobody knows nothing."* * For more, see Bogleheads.org
- giantg2 6y agoI'd be careful with this one. Nobody really knows. It may seem overvalued now, but will it still be considered overvalued if another variable changes, say inflation catches up with the monetary policy actions.