Damus
nostrich profile picture
nostrich
The narrative that the stock market is at record highs is incredibly misleading.

The dollar has reached record weakness.

Trading dollars for a share of a company who is expected to return more dollars is remarkable silliness.
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DefiantDandelion · 16w
To say that a stock is at a record high the metric you should look at is price of the stock divided by the earnings the stock is expected to generate in the future. Earnings the stock is expected to generate in the future is a forecast and it’s going to be subjective. You can use trailing earnings...