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Re: From:S&P- S&P is too high!
As per the link, can you believe that the market value of the S&P500 is "only" $9.34 Trillion?
That means that the US deficit this year alone is roughly 19% (1.85/9.34) of the S&P500.
Maybe Finster is right: cash is trash.
The question remains however; have we entered POOM?
As per the link, can you believe that the market value of the S&P500 is "only" $9.34 Trillion?
That means that the US deficit this year alone is roughly 19% (1.85/9.34) of the S&P500.
Maybe Finster is right: cash is trash.
The question remains however; have we entered POOM?
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