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717

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[–] 1 pt (edited )

PE = profit earnings?

And I agree. This is the reason that prices for stocks, crypto, and art are all skyrocketing. They're reflecting the massive inflation that's been taking place. It's only a matter of time until those inflated prices work their way down to the average person.

[–] 2 pts

Apologies, PE ratio is the price/earnings ratio. It’s a really important factor in investments in normal times, doesn’t seem too important the past decade or so though for some reason.

[–] 0 pt

Right. CPI is lagging security prices. Stocks won't fall. Earnings will rise.