Miner Company
It's "Mother Of All Bubbles" - Bigger Than The 2000 Bubble
The current bubble is in earnings, and if you assign a Shiller PE 42 those earnings, you get a massive bubble, bigger than the 2000 bubble. The risk is twofold: decrease in earnings and a multiple contraction.
The current bubble is in earnings, and if you assign a Shiller PE 42 those earnings, you get a massive bubble, bigger than the 2000 bubble. The risk is twofold: decrease in earnings and a multiple contraction.