Based on historic P/E levels against the price of stock, what do YOU think would be current fair valuation for the DOW and NASDAQ?
Companies are making money hand over fist. Yes, there are some ridiculous valuations (Tesla comes to mind); but among the core industrials, valuations seem fair, and profits are strong.
Dow: $3.79
Nasdaq; $.49
You’ll have to do your own conversion to points. :)
Yes, I know some companies are making money hand over fist. Others are dying on the vine. We are living in really weird economic times. I think it has to do with manipulation of fiat money at an international level.
Bigdaddy,
I have to confess that I so see this world as “The Matrix” or a video game that I really don’t take this issue to seriously. The ultimate outcome of what is happening is so painfully obvious to me that I have fallen into a place where I just try to have fun with it and fiddle while Rome burns.
Life is a mist.