Shiller's famous P/E graph says the market was about where it should be, on July 17, when the market was at 940. The recent stock market rally would put the P/E ratio a little above its historical average. Also, the ten-year moving average of earnings is historically high which would also tend to make the P/E appear lower than it really is. Bottom line: the market may still be above its historical P/E.
I hear it again... Every year, skeptics prophesy the collapse of inflated bubbles on online exchanges. What can I say? Everything is simple. Those who have chosen this way of working have their own income using all options. And those who deny these possibilities are left with empty pockets. If you want a real answer then start by studying how to calculate crypto gains. This will help you understand the pros and cons of cryptocurrency transactions.
ReplyDelete