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re: A 32-year market vet warns the S&P 500 is set to fall 50% - 70% in the years ahead

Posted on 4/1/24 at 7:13 am to
Posted by KillTheGophers
Member since Jan 2016
6223 posts
Posted on 4/1/24 at 7:13 am to
The market is overvalued but no one knows when a correction will take place.

I have been saying the market is overvalued for 4 years - I’ll be right someday!


Posted by AndyJ
Member since Jul 2008
2762 posts
Posted on 4/1/24 at 11:01 am to
lol yeah. There might be a 25% pullback AFTER it goes up another 50%. Or maybe not. Or maybe there will be a 30% pullback tomorrow. No one knows, but people who take their money out now are most likely to be losers in the market
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11191 posts
Posted on 4/1/24 at 11:50 am to
quote:

The market is overvalued but no one knows when a correction will take place.



"The market" is not overvalued. Have you not looked at earnings? There's only 3 sectors that didn't grow Small-caps got hammered but most people have no exposure to those share prices.
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