Relative to which assets?
Stocks? Cars? Forex? IP? Crypto?
Genuinely curious because everything is more expensive than it was before.
If everything is overvalued, then nothing is overvalued [relatively]
Stocks? Cars? Forex? IP? Crypto?
Genuinely curious because everything is more expensive than it was before.
If everything is overvalued, then nothing is overvalued [relatively]
Could it be that maybe peoples work is under valued relative to the value they help create?
The argument for overvalued housing is that everyone got antsy during the pandemic and wanted to change houses and change neighborhoods, but that will settle down now that the pandemic is waning.
Tech stocks seem to be falling because the pandemic-driven surge of screen time is fading now that the pandemic is waning.
So: is real estate entirely different from stocks? Or will it see a similar post-pandemic slump but just has more lag?
S&P 3400 in Jan 2020, 4146 today.
Dow 28,600 to almost 33,000 today.
Nasdaq 9000 to 12,300 today.
I agree with the sentiment though, in which case maybe the currency in which the assets are denominated is overvalued.