Bear in mind companies need to be making money in order to justify some semblence of valuation irregardless of rates. If revenue falls, valuations would be adjusted.
you made a very weak half ass attempt... and you know that. even if the profit drag is 10%, that still puts the SPY forward earning yield at 5.5%, not to mention the $6t fiscal/monetary injection will be more than canceling the drag... not to mention CBs around the world are printing on average 5X more than the estimated GDP drag.... look up the printing amounts in Germany Japan whatever. so again. ANSWER THE FCKING QUESTION... nobody has answered it since 2016... and right now we have a liquid condition that's making it even more impossible for the idiots to answer.
Right. no point entering into disruptive combative discussion. better spend our time meaningfully by trading rather than engaging in worthless discussion. at times, our innocent views could be attacked. It happened to me today where an ET sponsor said nasty thing about my views.
certainly... I making these posts usually during the several minute break while my game server trying to 'match making'...
my son plays professional Overwatch so I been playing a lot to understand what he does lol.... great game by the way... the market is boring... always the same shit.
People are getting stir crazy. They are itching to leave their "dungeons". People will travel again. Especially when flying is getting insanely cheap. We'll probably see $99 specials to Hawaii soon. I imagine all these unemployed minimum wage workers who are now going to be getting $1,000 per month unemployment are going to take advantage of the situation to take a vacation they know they'll never get at a minimum wage job. I know it's hard for many of you to believe right now with media programming, but people still have wants and needs. They're not all going to just stop spending money.