I thought this is the greatest economy ever?…
To be honest, I still don’t understand how stocks are so high…real estate as well.
I think a massive economic downturn is coming, but I have zero track record…
Equity prices usually look out 3-6 months, that’s why they are rallying. But the rotation to value finally has fully occurred. Stocks at 8x earnings and a 5% dividend (which were in abundance 3 months ago) were going to rally while the mega cap companies were correcting towards reality.