Australia's largest stock trading and investment forum Australia's #1 stock forum

SP500

Click for more information

0.58%

2,958.8 standard & poor's 500

the pandemic’bust’ the price went to $6 (=$60 after repricing ),...

First 13990 Last

Share
Profile

Follow
darrenrr

1,643 Posts.

162

03/08/23

04:36

Post #: 69126140
Share

Originally posted by breadwinner1: ↑

Actually we had a crash in 1987, 2000, 2008, 2020.
So they happen more frequently than you suggest.

The US markets are overpriced, due to AI mania, with 7 mega stocks doing all the lifting.
The yield curve has inverted more than previous recessions, going back to 1980's.
Government, company and consumer debt are all under pressure due to rising interest rates.
Seems to me we're hanging by a thread, just waiting for a systemic event to occur.
Nvidia earnings, inflation resurging, a bank collapsing.
Yes bubbles can go on longer that anticipated, but it will come crashing down.

Expand

the pandemic’bust’ the price went to $6 (=$60 after repricing ), so if we do have a GFC event or dot.com bust I reckon there’s a fair chance of $100 a share

Value at posting: 2,958.8
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 453 more messages in this thread...

First 13990 Last

Add SP500 (INDEXSP) to my watchlist

SPONSORED BY