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Stockmarket Valuations are extortionately high

[Gulag2011]

 

MARKETS

Jeff Gundlach Says Stock Market Valuations Are Extraordinarily High, Supported Only by the Fed

By Fred Imbert, CNBC •

Published January 11, 2021 •  Updated on January 11, 2021 at 1:10 pm

 

Adam Jeffery | CNBC

Jeffrey Gundlach

Jeffrey Gundlach, founder and CEO of DoubleLine Capital, raised concerns Monday about the stock market's elevated valuation relative to historical levels and believes rising inflation could upend investors this year.

"At extraordinarily high valuations is where we are, and its being supported by massive amounts of stimulus," Gundlach told CNBC's Scott Wapner on "Halftime Report."

 

[geekinasuit]

A year ago, well before stimulus money, the markets were extraordinarily high and growing at an unprecedented rate, with similar predictions of a pending collapse. The stimulus money today had absolutely nothing to do with what has been going on previously, and has little to do with what we see happening today. Also the record growth phenomenon is seen globally, this is not happening because of

[uppermost10]

Okay.  But I am not betting against the Fed.   No way. U