Submitted by Surlax t3_11e65gn in wallstreetbets
[deleted] t1_jadqubd wrote
Reply to comment by RtardedAPE in The Fed is yet to catch up to the Taylor Rule estimate by Surlax
japan's stocks have no where near the coh and stability that american companies have.
it's like saying ARKK was a bubble, therefore the US must be a bubble. completely unrelated.
RtardedAPE t1_jadtlcj wrote
Dude asked what "japanification" was, i explained, and the "everything bubble" is pretty well documented wtf are you going on ARKK about lol. The US has a recession every 10-15 like clockwork try reading a fucking book or something Mr. stability.
[deleted] t1_jadtq1n wrote
guess you got it all figured out. you can resign from your wendys position!
RtardedAPE t1_jadzvt2 wrote
I just got promoted to shift manager
[deleted] t1_jadzyiv wrote
CONGRATULATIONS
Javier-AML t1_jaeilhi wrote
Japanese thought the same about their companies, that's what pumped them in the first place.
[deleted] t1_jaeiwd3 wrote
and their P/E was 60.
for reference, spy is only at 21.
so if SPY pumps to $1,200, then yeah I would absolutely sell off and divest.
Javier-AML t1_jaelxmw wrote
Ha, tesla has a PE of almost 60. They flagship of usa stonks.
[deleted] t1_jaem5ec wrote
tesla is not sp500.
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