.
I just read an article stating that the stock market is collectively overvalued by 77%
Microsoft is trading at 40X earnings.
The stock market is full of hot air, just like Trump, and it's bound to pop, just like Trump.
If Biden wins and the stock market tanks, just remember that it was artificially pumped up by Trump's tax policies which saw record stock buybacks and flight to stocks due to a low interest environment. The longer Covid goes on due to Trump's bungling the worse it's going to get as people get more and more hooked on the "wealth effect" that a stock bubble creates. The fact that the market is teetering right now while salivating over another stimulus package is a huge red flag.
The next crash in the stock market is going to be as ugly as the people who caused it; Trump and the republicans. If Trump wins re-election, think back to the last time a republican had eight years to destroy the economy. I believe the next time will be worse.
Never forget.
I just read an article stating that the stock market is collectively overvalued by 77%
Microsoft is trading at 40X earnings.
The stock market is full of hot air, just like Trump, and it's bound to pop, just like Trump.
If Biden wins and the stock market tanks, just remember that it was artificially pumped up by Trump's tax policies which saw record stock buybacks and flight to stocks due to a low interest environment. The longer Covid goes on due to Trump's bungling the worse it's going to get as people get more and more hooked on the "wealth effect" that a stock bubble creates. The fact that the market is teetering right now while salivating over another stimulus package is a huge red flag.
The next crash in the stock market is going to be as ugly as the people who caused it; Trump and the republicans. If Trump wins re-election, think back to the last time a republican had eight years to destroy the economy. I believe the next time will be worse.
Never forget.