2 ms·
I feel like any model that is based on earnings during the covid era is going to have a few issues. When earnings fall simultaneously, combined with large stimu
by jsight 6y ago
I feel like any model that is based on earnings during the covid era is going to have a few issues. When earnings fall simultaneously, combined with large stimulus, things will get pretty interesting.
I'm not saying it isn't overvalued, just that there needs to be more detai here than just "the P/E is historically high".