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The economy as measured by GDP and unemployment was doing really well up until 2020 and Covid. And stock prices represent the present value of future earnings -
by CountSessine 6y ago
The economy as measured by GDP and unemployment was doing really well up until 2020 and Covid. And stock prices represent the present value of future earnings - if you believe that we'll see a reversion to the mean after Covid (and we will), why would you expect SPX to tank?