EP 321. Where Do We Go From Here? 39x Shiller PE, Inflation, Interest Rates, China, etc
Focused Compounding
00:00
Stock Prices Aren't That High in the Early Seventies, but That Was the Perception
Stock prices weren't that high in right after world war too. The perception was that governments would really tighten their belts and am, try to run surpluses because it's normaly what you did in peace time. And now, maybe the perception is that it would be the opposite, and maybe that's good for stocks. But, you know, it was the opposite the early seventies.
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