Only a bull market for 'traditionalists' ......no worries for the others
"The US stock market is only up 65% since the peak in 2000 which is a below average growth rate of just over 3%. This suggests a modest valuation. Historically stockmarkets grow at 10% per annum, which since the 2000 peak suggests a potential of 3 times its current level.
US div yields are near middle of valuations too which suggest that the price is fair."
But what would I know
Incredible, a parabolic SP500 bull market, what could possibly go wrong. I thought it was the bitcoin chart for a moment, only this bubble hasn't burst yet.
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