ok...Equities market goes up forever according to your long term 1 2 1 2 nested count....so, what am I paying you for? I have seen many other EW analysts fail in the last 5 years because they actually are trying to have realistic counts in a manipulated market. If you are wrong, who do I send my complaints to?
Unless the earnings of every stock are being paid out via dividend, in theory the stock market should go up forever. That being said, the multiples of the Mag 7 (and hence the multiples of the indexes) are quite high. If you look at PE Ratio as how many years it will take to break even on your investment, then US stocks will take over 30 years to pay you back. If you think interest rates are going lower, maybe that’s good. If you think interest rates are going higher, then higher stock multiples from here are simply a bet on greater fool.
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Gracias Pete y feliz año
Hello Peter, do you have a more macro view on the DAX too?
What is the nifty 50 index?
India's main index. the top 50 stocks. Our Analyst called Harsh covers the Nifty 50 and the top 50 stocks with Elliott Wave.
ok...Equities market goes up forever according to your long term 1 2 1 2 nested count....so, what am I paying you for? I have seen many other EW analysts fail in the last 5 years because they actually are trying to have realistic counts in a manipulated market. If you are wrong, who do I send my complaints to?
Unless the earnings of every stock are being paid out via dividend, in theory the stock market should go up forever.
That being said, the multiples of the Mag 7 (and hence the multiples of the indexes) are quite high. If you look at PE Ratio as how many years it will take to break even on your investment, then US stocks will take over 30 years to pay you back.
If you think interest rates are going lower, maybe that’s good. If you think interest rates are going higher, then higher stock multiples from here are simply a bet on greater fool.