Talk of The Villages Florida - View Single Post - The stock market is off the rails
Thread: The stock market is off the rails
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Old 06-11-2020, 05:26 PM
rustyp rustyp is offline
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Quote:
Originally Posted by ColdNoMore View Post

Is today just an anomaly...or are cracks starting to show in the dam?


Only time will tell.
A major economist today sited the SP 500 is 30 x earnings similar to the tech bubble we lived through. Predicts SP 500 not only back to low but will touch 1600. Rationale was every major recession / depression had the same dead cat bounce we just experienced before the long painful recovery.