/biz/ - Business & Finance

Anonymous Thu Jul 14 13:57:41 2022 No.50351173 [View]
File: 111 KB, 1200x597, NASDAQ.png [View same] [iqdb] [saucenao] [google]

>>50351023
Really?

We haven't had revised earnings yet and even looking past that, we are only returning to sensible PE ratios.
This is what should dictate the success of all stocks unless it has some sort of unrealised upside.
All the semiconductor and social media companies had no business being +20 times earnings, the NASDAQ still has a way to go.

The only reason stocks are so high is QE and low interest rate, there is no reason for it.

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