Replies to post #316218 on SPDR S&P 500 (SPY)

[Agoura Guy]

"He also has 0% interest rates for as far as you can see."

This is the fallacy of the enter Federal Reserve System. Debt is not wealth, debt is not free money. One day it needs to be paid back. Soon S&P 500 many companies will be nothing but debt that can never be repaid. The more money they borrow the deeper the hole gets. Insolvency is their future!