its all cool, im chilled....................
inflation is going up but still under control
But I see it going higher and higher and with it asset prices and interest rates will be progressively increased.
there may come a pt where interest rate increases wont help and inflation still lingering and BANG - theres your crash
but we aint there yet
PEs are still ok, if they were say 15-20% higher, we'd be in trouble ala 1987.
growth and inflationary effects from it will drive the market higher and asset prices higher, but once rates get too high, its all over
this hasnt happened yet
thats the next leg
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