Is the Stockmarket in a bubble?

bigadaj

mark88man wrote: »

Absolutely love it - I'm sorry I can only press the thanks button once

But which has STT made more money on?

sabretoothtigger

The next big bubble could be beer - personally I like Grolsch .
At its best alcohol can be refined towards a fuel, seriously possible to be a great british industry if petrol keeps going up like it has.
See biodiesel, rape seed, fertiliser and fracking for ideas Dart energy is about to float on LSE, big (potential) player apparently

mark55man

The weak pound won't be a problem for my tipple of choice - unless the Scots go their own way of course

sabretoothtigger

With their own currency, like the Fiji pound or something?
I love the idea but I dont think they will because they have a bad idea about large government. They cant finance it, I believe the people are not for it either.

You dont want Salmond in charge of money imo though he is a Economist by profession? maybe he'd surprised everyone with monetary marvels

mark55man

One more from my internet trawls - Its happy 4th birthday for the bull run (from www.thereformedbroker.com :-)

Glen_Clark

mark88man wrote: »

Came across this referenced on motley fool

http://www.businessinsider.com/dow-jones-idiot-maker-rally-2013-3?op=1

All the famous commentators caught making badly wrong predictions from 2009 - 2012. It seems they take it turns one puts themselves up froont and centre every month - then one day one of them will be right (this year but not soon IMHO) - and they will get the plaudits and be flavour of the month

Interesting link, Thanks.
The thing they all failed to see coming was the money printing, which has turned their conventional wisdom on its head for the moment.

Glen_Clark

mark88man wrote: »

One more from my internet trawls - Its happy 4th birthday for the bull run (from www.thereformedbroker.com :-)

Interesting Graph, Thanks for posting.
As far as I can see, all the problems that caused the fall in March 2009 are still with us. Nothing has been solved. Assets are still worth the same as they were then. The big difference is that cash is worth less because they have been printing it like lunatics - something that many of us without inside knowledge failed to predict.

mark55man

should have posted the link http://www.thereformedbroker.com/2013/03/09/the-impossible-rally-turns-four/ as the article is quite entertaining

coastline

Looking at P/E values the S&P is on 18...20-25 is getting into very high range.
If companies can manage to grow earnings then the P/E won't be as demanding...hopefully higher the market goes.

http://www.multpl.com/

Looking at percentage change we're around 127% up since the bottom 4 years ago....theres not that many runs higher.
The next two periods higher lasted 2 and 4 years in the 1930-40's.
We then go into 5-10 year runs and the figures will please most investors if it comes off..

Jegersmart

"money" and "printing" are words that need to be taken into account before one gets to looking at basic indicators such as P/E ratios. Look at interbank lending in Europe........most banks prefer borrowing almost free money from the ECB.....

In the current context one cannot look at history for many pointers I am afraid.

I guess we will find out what will happen when QE is taken out of the equation.....

Good luck all.

J