Simple question:Yes.....lol. However one can only imagine the government would have stepped in at the 11th hour maybe. However this time around the Fed themselves are offering up to $1trn to cover commercial paper which forms the basis for a lot of US MM deposits. So they have in effect bailed out the MM market.
I am waiting for them now to pledge to effectively bail out the US Bond market. Lot of US companies especially in oil and gas that issued junk bonds. That may mean the US shale industry may vanish if not rescued or oil prices rise back up as those bonds will default. Perhaps its time for a false flag attack on Saudi Arabia oil facilities to raise oil prices . That should fix that problem maybe. Sadly thats the way the world works.
Is market (S&P) overvalued as of today 18.03.2020?
If yes, by how much and why?
If no, by how much and why?
What according to you would be a fair S&P500 value and why?
You KNEW it was overvalued, because you use fundamental analysis and calculations.
So logical conclusion is you know if it is overvalued or undervalued right now.
Or am I not understanding it right?
I mean if you run your computations and end up with conclusion that markets were overvalued then you obviously now at which point they will be fair value, so could you kindly share that to forum just like you have shared the numeous time before how market was overvalued?
Thank you
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