>Paul Tudor Jones recently warned that U.S. equities are extremely overvalued at 252% of GDP—far above 65% in 1929, ~85-90% in 1987, and 170% in 2000. >He said a mean-reversion 30-35% stock market drop would destroy wealth equivalent to 80-90% of GDP, wipe out capital gains tax revenue (about 10% of total taxes), balloon the budget deficit, hammer the bond market, and trigger a dangerous negative self-reinforcing cycle that could severely damage the economy. Stay patient Bobo chads, our time is coming.
>>62171693I'm waiting with my money to buy houses when shit hits the fan.I remember stuff in the PNW short selling for $75,000 cash in 2009-2010.Same houses are are all $800,000+ now.Normal fags have no savings, take advantage of it
>>62171693>US GDP>global companies lmao
>>62171974But won't they just inflate away any problems? You have to sell the top otherwise that 30% drop is nothing compared to the missed gains.But yeah at some point people are going to pull their money and it will create a deluge. Normalfags are living way too large.
>>62171982OP, read this and weep.
>>62171693Let's see Paul Penis Jones's put positions so I can verify whether or not he truly believes in his thesis or not.
>>62172097Too long didn't read
>>62172182Houses aren't going to go down 90%
>>Paul Tudor Jones recently warned that U.S. equitiesAll together? Like all the market gains in the last decade went to ten companies. It's ridiculous to analyze ALL us equities without splitting the over-performers out.There's probably an options case for just rotating mid term puts out each months and pay the premium to catch the inevitable "black swan" massive drop. I bet Taleb's even doing it.
>>62171693Yeah but debt to gdp has never been so high and we are digging the debt hole deeper at an accelerating pace.
