PE ratios mean nothing anymore, it`s likely people anticipating where they think the market will go when the dust settles.The market will go up, then down, then back up. It is a bit foolish to predict the market for the short run and you can pretty much be assured it will go up in the long run...
The previous "investment" thread got shut down so hopefully this will stay sane.
The market defied all the logic through 2020, so my thought is it might take off, with the roll out of vaccines in January?
Thoughts?
"Savvy investors ignored stupid politics, combustible social media and looked at the fundamentals."
The question is when will the bubble pop?
Endless QE will be resolved in 2022 with probably 75% pullbacks , world wide.
As it will be world wide a deflation US 30 year Gov bonds will survive.
US Gov. bonds as an investment ? GASP!!! Once every 75 years.
There may be one more up , but it wont be much percentage wise , so 30 year bonds now , and relax till the Dow gets to 600 or so.
My thought is, I completely disagree with the fundamental premise. The massive drop early in the year defied logic to some extent; it was an understandable, but purely emotional, reaction. The rebound was perfectly logical. We will see next year how the market (in the U.S. at least) responds to Biden's economic policies.The market defied all the logic through 2020...
The massive drop early in the year defied logic to some extent; it was an understandable, but purely emotional, reaction. The rebound was perfectly logical. We will see next year how the market (in the U.S. at least) responds to Biden's economic policies.
Similar house price increases here. Lowest interest rates ever to stimulate the economy are contributing to demand pressure raising prices.Canadian home sales climbed 0.9 per cent in September from August, raising them to a new all-time monthly record for the third month in a row, the Canadian Real Estate Association (CREA) said on Thursday.
https://vancouversun.com/real-estat...cord/wcm/616c3d46-f632-4e20-b10a-ff2b2119420f
The Vancouver real estate industry reported another month of higher sales and prices in September and continues to defy dire predictions of a pandemic-induced downturn.
https://vancouversun.com/business/r...n-for-the-future-of-vancouvers-housing-market