I'm sure trading on margin is for some reason actually a positive concept for the economy at large for reasons I can't understand, but god damn does it feel like a bad idea to see huge spikes of debt to prop up what already feels like an absurdly out of balance market.
I don't know how to actually tell if the market is overvalued, but man when I see Palantir has a PE of like 500, Tesla almost 200, and Apple is like 35, I can't help but think there too much hype.
But I have literally no idea. Macroeconomics is way out of my wheelhouse, and I'm usually wrong.
I don't know how to actually tell if the market is overvalued, but man when I see Palantir has a PE of like 500, Tesla almost 200, and Apple is like 35, I can't help but think there too much hype.
But I have literally no idea. Macroeconomics is way out of my wheelhouse, and I'm usually wrong.
Here's to an index fund...