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Brown Cafe UPS Forum
UPS Retirement Topics
Dangerous territory
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<blockquote data-quote="Brownslave688" data-source="post: 1388028" data-attributes="member: 34439"><p>We are not in nose bleed territory. Look up P/E ratios. Do I think we are due for a correction yes. Do I see a complete crash no way. </p><p></p><p>The market is near the top of its historical P/E ratio but here's the thing. Earnings are forecast to go up 7-12% next year. That means the market could go up the same amount and be no more inflated than it is today.</p></blockquote><p></p>
[QUOTE="Brownslave688, post: 1388028, member: 34439"] We are not in nose bleed territory. Look up P/E ratios. Do I think we are due for a correction yes. Do I see a complete crash no way. The market is near the top of its historical P/E ratio but here's the thing. Earnings are forecast to go up 7-12% next year. That means the market could go up the same amount and be no more inflated than it is today. [/QUOTE]
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