Submitted by Surlax t3_11e65gn in wallstreetbets
Javier-AML t1_jaeilhi wrote
Reply to comment by [deleted] in The Fed is yet to catch up to the Taylor Rule estimate by Surlax
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.
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