MindzEye
Wayward Ditch Pig
The current average Price/Earnings ratio for all of SPY is about 26
Imagine if it follows NVDA’s re-rating
View: https://x.com/tictoctick/status/1912299445619749000?s=46&t=ZFoeJpONFeL00lgZvCrr2Q
Even Professor Dog talks about a multiple of 20 being almost armageddon for the US markets.
If it hit 17, the leading cause of death in America would be jumping out of a window and the 2nd leading cause would be someone jumping out of a window landing on you.