For people who think stocks are overpriced: what would be an appropriate price and how did you come up with that number? I haven't seen an answer to this yet from the "stock market is irrational" crowd.
I think in 99% of cases it's just a feeling - that the decline should have been bigger given how bad the economic impact seem.
I think in 99% of cases it's just a feeling - that the decline should have been bigger given how bad the economic impact seem.