The economy is in a bubble due to banking deregs & corp tax break, there is no peace w/NK, soy farmers lost billions to Russia, no prison reform just privatization, ISIS is still out there and by taking 1500 kids from their mother's, he's creating the next gen of terrorists. #Sad https://twitter.com/ScottAdamsSays/status/1001457340325941248 …
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Not in my neighborhood, they usually only chirp at night. But maybe in the magical land you live in their chirping now.
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24.58 - quite high by historical standards but interest rates are quite low so it seems to even out - with interest rates going higher, however, there will be head winds - no one knows what the future holds ... http://www.multpl.com/
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It's a bubble... P/E ratio or not. So many stocks are funded via the national banks, who print up money to buy into equities. The Swiss National Bank, one of Apple's largest shareholders, is a great example. Then we have millions of 401k accounts being auto-funded. Frightening.
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Do you believe market P/E ratio is a good indicator for a bubble? Asking for a friend.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Tiny piece of the puzzle. Dodd-Frank gone. Corporations putting their tax break into stock buybacks or their own pockets. Coporations closing. COL rising faster than wages. Gas up over 15% in 2 months. Building growth slowed. We're heading for another Reagan recession.
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Do me a favor and find a professional economist who thinks the economy is worse now than a year ago.
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As much as I like some of Trump actions (north Korea for ex), it is a bubble, but he knows it. Check out
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I'm open to the bubble argument. How do you measure it?
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