Submitted by Surlax t3_11e65gn in wallstreetbets
konstantinos2000 t1_jad1laf wrote
Reply to comment by attofreak in The Fed is yet to catch up to the Taylor Rule estimate by Surlax
What do you mean by Japanification?
RtardedAPE t1_jadbmki wrote
Google the Japanese asset bubble, it fucked their economy for like 20-30 years.
[deleted] t1_jadqubd wrote
japan's stocks have no where near the coh and stability that american companies have.
it's like saying ARKK was a bubble, therefore the US must be a bubble. completely unrelated.
RtardedAPE t1_jadtlcj wrote
Dude asked what "japanification" was, i explained, and the "everything bubble" is pretty well documented wtf are you going on ARKK about lol. The US has a recession every 10-15 like clockwork try reading a fucking book or something Mr. stability.
[deleted] t1_jadtq1n wrote
guess you got it all figured out. you can resign from your wendys position!
RtardedAPE t1_jadzvt2 wrote
I just got promoted to shift manager
[deleted] t1_jadzyiv wrote
CONGRATULATIONS
Javier-AML t1_jaeilhi wrote
Japanese thought the same about their companies, that's what pumped them in the first place.
[deleted] t1_jaeiwd3 wrote
and their P/E was 60.
for reference, spy is only at 21.
so if SPY pumps to $1,200, then yeah I would absolutely sell off and divest.
Javier-AML t1_jaelxmw wrote
Ha, tesla has a PE of almost 60. They flagship of usa stonks.
[deleted] t1_jaem5ec wrote
tesla is not sp500.
wonderfulwilliam t1_jaekcpf wrote
Micheal_Bryan t1_jaexsq6 wrote
This song has been stuck in my head since the eighties...
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