A return to mean would require a 60% drop.Corrections often overcorrect. So... let's say 80% drop.
NOOOOO your historical record breaking profitable companies can't be highly valued because... they just CAN'T ok??!?
>>61934133Explain in 33 words why? Why should it return to the 1880-1980 mean?
it can't return to the mean because that would require the us dollar supply to return to the mean. Its mathematically impossible now.
>>61934133why dont we make it a clean 100%?
>>61936695This is not a %, it can go beyond 100.
>>61934133Everybody knows that fiat is dying, is the music chairs game in reverse.
>>61936687noyou are a retard or a botyou did not consider that both P and E are denominated in $
>>61936727Did you know that the average PE ratio during previous centuries was in the single digits? Why didn't 1800-1900 mean revert back to 1700 levels? Why should 2000 mean revert back to 1900 levels?
>>61934133>drop>in the era of even faker and gayer money printer shenanigans
>>61936746What about this? S&P500 vs US M2 supply
Or when comparing S&P500 total return to bond market total return
>>61934133looks like it's going to 100 first
>>61936768M2 has nothing to do with PE ratio.Do global total stock market instead of SP500.America may just be overvalued still (or maybe not).