TSX:AX.PR.E - Post by User
Comment by
Torontojayon Aug 23, 2024 4:49pm
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Post# 36194065
RE:RE:Gary
RE:RE:Gary
CptnBlueberries wrote: The train left the station and it's moving towards the 6000 path not the 3600 path. Choo choo! TJ are you in? Don't spend your whole life trying to become bitterboy David Rosenberg, it's more fun being optimistic.
The bubble is going to pop. There's no doubt about it. The US economy is mature and should not have a 30 times P/E ratio for the largest 500 companies.
There's a reason Warren Buffet is sitting on a massive cash pile. Nobody is saying to sell everything and sit on cash. That's not my strategy. Having liquidity is going to be paramount in the months ahead.