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