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I find it interesting that it seems like critics of the Q ratio justify the high price by saying that because of low interest rates, other investment options ar
by ajmurmann 12y ago
I find it interesting that it seems like critics of the Q ratio justify the high price by saying that because of low interest rates, other investment options are worse. As much as I agree that still makes it a bubble. It's just not that investors get drawn to the attractiveness of the bubble on the stock market, but rather that the bubble is there because everyone gets pushed into it. Even if you don't buy the Q ratio, this reasoning if correct would mean that the stock market is most likely higher than it should be and probably won't stay there.