/biz/ - Business & Finance

oilfags and airlinefags seething

Reminder that NASDAQ has a lower PE ratio than the S&P 500. It's not even close to the Dotcom Bubble. Current PE is under 30, it peaked at 175 during the bubble.

There is no tech bubble. Some of the tech stocks just sell at a high growth premium. If you look at their estimated future PE, they become much more reasonable. TSLA for example has a estimated PE for 2024 of just 50.

>>20471383
The NASDAQ has a lower PE ratio than the S&P 500. It's not even close to the Dotcom Bubble. Current PE is under 30, it peaked at 175 during the bubble.
>>20471432
I think the vast majority of globalists are only globalists because immigration and increasing population creates profit for their businesses, it's not their hill to die on. When automation truly hits, the world will be turned upside down. A lot of countries won't even to be able to provide enough in UBI that their citizens can survive without work. I think rich people will want to hole up in wealthy countries, shut the borders and then use their factories to create goods to sell to poorer countries.