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Re: None

Monday, 03/04/2024 7:30:33 PM

Monday, March 04, 2024 7:30:33 PM

Post# of 112833
Tech valuations not as high as March 2000, but

that doesn't mean it isn't similar, and it doesn't mean is won't end the same way. My prediction is, with the S&P 500 and Dow up over 500% since March 2009, and the 2 and 10 year bond yield curve inverted for 20 months or so, with valuations 50% higher than historic, and with a consumer that's finally cracking, and with inflation that IMO will remain sticky(despite the progress so far), that we will see a correction by July, that will lead to a multi year downturn by mid 2025 at latest, and ending with the indexes down 50%+, before a new bull emerges.

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