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Exactly. Even though current prices are close to peak 2000 prices, it's worth remembering that the economy has been growing for 15 years, so stocks have a much
by MichaelDickens 11y ago
Exactly. Even though current prices are close to peak 2000 prices, it's worth remembering that the economy has been growing for 15 years, so stocks have a much greater fundamental value than they did in 2000.
For comparison, US GDP in 2000 was $10 trillion and GDP today is well over $17 trillion.