XJO - Bear Posts only (Factors which might cause the markets to fall), page-18082

The banks earnings ratio is in nosebleed territory. Plus, there is no discount on the mining stocks anymore. Yet there seems to be a blind march forward pushing valuations higher and higher.

Seems like we are in a valuations dont matter phase, but like always, they do matter. Stocks only go up they said in the year 2000 when the dot com boom was in swing. Doest matter that a no earnings growth CBA yield is less than the risk-free rate on the government bond.

WTF is going on