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by marvin
1962 days ago
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> Nothing is tied to any kind of fundamentals. It's all about "we like the stock". Now, if many peiple start believing that, it will cause an actual bubble. When interest rates are taken into consideration, the global stock market valuation in terms of average P/E rates is about where you’d expect it to be. Which is higher than but a few times before, to be sure. But still in the realm of plausible fundamentals. |
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