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It will sky rocket. The fed is very ill equipped to respond to a recession compared to '08. QE is ending globally and we have barely started QT... The massive balance sheet the fed holds is just beginning to be reduced; interest rates are barely starting to rise; companies are buying back shares at record levels... if another major decline were to occur the simple solution of cut rates/print money won't be so simple....the whole point of crypto is to be a deflationary asset free from central bank control/manipulation, naturally fiat devaluation will drive money to crypto. As for the crypto vs gold debate, it's been covered so many times so I don't really want to get into it; but crypto is far superior and as time passes and older generations die off we will see it play out. Crypto is Gold 2.0.
The market is very overvalued now; no denying that. A few big names are basically carrying the entire market (FAANG+), it won't be pretty when the ride ends, and we all know it ends eventually. I'm still holding a large position in the stock market, a large position in crypto, and a whole lot of cash. Trying to be prepared for whatever happens.[/QUOTE]
This is the most hilarious post I have read. You stated an opinion and called it fact by saying no denying that! How are you measuring it? CAPE, markets real earnings yield, what measurement because I can give you my OPINION why we aren't overvalued. I've been in PE for almost a decade and these statements would be laughed at. Everything you listed people have been saying for years and the market has been flying. We are in a super cycle bull market and we aren't close to the end (it doesn't mean we won't have a few corrections along the way). GOOD LUCK back to the real reason why I come on these forums and generally the reason why I don't venture in to these other threads.
The market is very overvalued now; no denying that. A few big names are basically carrying the entire market (FAANG+), it won't be pretty when the ride ends, and we all know it ends eventually. I'm still holding a large position in the stock market, a large position in crypto, and a whole lot of cash. Trying to be prepared for whatever happens.[/QUOTE]
This is the most hilarious post I have read. You stated an opinion and called it fact by saying no denying that! How are you measuring it? CAPE, markets real earnings yield, what measurement because I can give you my OPINION why we aren't overvalued. I've been in PE for almost a decade and these statements would be laughed at. Everything you listed people have been saying for years and the market has been flying. We are in a super cycle bull market and we aren't close to the end (it doesn't mean we won't have a few corrections along the way). GOOD LUCK back to the real reason why I come on these forums and generally the reason why I don't venture in to these other threads.
