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Economy

(11,505 posts)

4. I agree it's very much overvalued.

Thu Dec 15, 2022, 07:39 PM

Dec 2022

See my #1, #3, and #4
https://www.democraticunderground.com/11214459

That said, its been overvalued for a long time. For decades I've been hearing that "it's a bubble" when it's going up, and "see I told you so" when it's goes down. But I've done many fold better than the permabears.
https://www.democraticunderground.com/111694222#post5

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STOCK MARKET WATCH -- Friday, 16 December 2022 [View all] Tansy_Gold Dec 2022 OP

S&P 500, down 18.8% from all-time-high, and down 18.2% year-to-date progree Dec 2022 #2

The market has been hyperinflated for a long time Warpy Dec 2022 #3

I agree it's very much overvalued. progree Dec 2022 #4