“Stock prices have reached what looks like a permanently high plateau"Things that can't go on for ever, don't.
Earnings may grow for a while thanks to technological innovation, but eventually the rest of the world will catch up. We are not all going to become wealthy.
I remember doing similar calculations during the Internet bubble.
--Economist Irving Fisher, 1929
Statistics: Posted by watchnerd — Sun Jun 02, 2024 8:09 pm — Replies 22 — Views 1928