BBUS, page-7184

One possibility bears may need to face is , in an economy / market where ROI is low and money is abundant & cheap.
The new normal may be inflated stop prices for awhile and P/E ratios between 40/50 , looked at being value.
We may need to face new reality where central banks and governments set pricing , not market participants. It seems crazy . But just look at Japan and Europe now . It’s hard to see governments and central backs ever pulling out support.
It’s really some form of socialism where the public supports companies with welfare stimulus in order to pass it through pay
I mean if the governments end up owning the companies , as is happening. We are working for the government ( or ourselves, communism)