Why are American stocks so expensive right now?
Noticed that the average PE ratio is around 22.6x as earnings reach new lows. The market is obviously overvalued especially with Warren Buffet refusing to invest in this time. My question is why are stocks so highly priced then?
Did you post this on reddit too lol
Good catch haha
STONKS ONLY GO UP!!!
Because the Fed is our sugar daddy. I've been hearing about power outages in downtown Manhattan because the Fed's printer is working so hard. At night time, all you hear is "WOOSH WOOSH WOOSH WOOSH"
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