Comment by sfblah
7 hours ago
A lot of people _need_ the S&P to stay where it is to keep their standard of living stable. If it drops to a rational valuation (say, 2500-3000), there will be a lot of pain.
7 hours ago
A lot of people _need_ the S&P to stay where it is to keep their standard of living stable. If it drops to a rational valuation (say, 2500-3000), there will be a lot of pain.
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