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> By many historical metrics, the stock markets are insanely overvalued these days. Far too much cash in the system, bidding up the "values" of anything that re
by FireBeyond 3y ago
> By many historical metrics, the stock markets are insanely overvalued these days. Far too much cash in the system, bidding up the "values" of anything that remotely resembles an investment.
Right. This is the same stock market that at one point said Tesla was worth more than every other car manufacturer. Combined.
Worth more than: Toyota, Volkwagen Group, Hyundai/Kia, General Motors, Ford, Nissan, Honda, Fiat Chrysler, Renault, Suzuki, Daimler, BMW, Mazda and Mitsubishi. Combined. (Plus several Chinese manufacturers: SAID, Geely, Changan, Dongfeng).