For Now, Bad News Is Good Again – Ep 851
The Peter Schiff Show Podcast
00:00
Is There Any Way to Justify the Current Valuation of the US Market?
The only way the market could be correct in attributing these high valuations to today's market is if I'm right about what happens. That the Fed pivots and gives up the fight against inflation even though inflation never returns to 2%. In fact, inflation gets higher than the eight and three quarters, which I think was the high so far on the CPI. So there is no actual way that you could justify the current valuation of the US market.
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