A threshold has been breached. Biggest stock crash since 1929 is coming
The Stock Market is in a massive bubble in 2024. With stock price valuations for companies like NVIDIA being the highest they ve ever been. We could be on the precipice of a big decline in the stock market similar to the declines experienced in 1929 right before the Great Depression. That s because the overvaluation level in the stock market today is similar to back then. With the Warren Buffet Indicator and Robert Shiller P, E Ratio both show that stock prices are 50 overvalued compared to their longterm norms. Of course just because stock prices are overvalued doesn t mean they will crash tomorrow. But at some point fundamentals are likely to rule the day. Meaning that unless company earnings and GDP growth significantly into the future, there could be problems ahead for the stock market. REVENTURE APP: Access Exclusive Data and Videos as a Channel Member: DISCLAIM
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