- Apr 26, 2009
- 5,824
- Boat Info
- '97 330 Sundancer, Raymarine C80 suite with radar, Mercury 310 Hypalon w/8hp Yammie 2stk
- Engines
- 2X 454 carbs w/ vDrives
I hope you don’t mean the stock market gains ending! I just retired last year and I need the market to hold so I can afford my toys and buy some more.And hopefully that will be ending soon....
However I just read the average P/E ratio of the S&P500 is 32x. Thats insane and isn’t sustainable. Canada’s market is also high, but not at that P/E level. So a pretty significant correction is coming. The inverted bond yield curve would predict a recession too. It doesn’t “feel” that way though. Employment rates are at all time highs.