And if I’m wrong and everyone is actually doing it, how is it sustainable in the long run? I mean, we can’t all be millionaires.

  • @[email protected]
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    61 day ago

    This is particularly concerning to me with most of the wealth belonging to generations that are now retiring and selling off their stocks to fund their retirement.

    That + climate change + authoritarian/strong man government’s looking more likely makes me nervous about the long term stock market.

    I guess that’s not new though.

    The PE ratio is 30 currently which feels high…

    • @[email protected]
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      218 hours ago

      There’s a reason the stock market has generally been in the dumps since Trump’s election. Big investors don’t like the risk he poses and shifted to safer investments