Re:Is Amazon’s Stock Price Justified? What It Means If It Is...
by heavyset_go on Saturday July 10, 2021 @01:14PM
(#27794900)
We never really let up from the quantitative easing implemented a decade ago, with QE4 being conducted in response to the pandemic.
Interests rates are already low, and it seems like a conscious choice not to raise them because of the potential negative implications.
Everyone seems to be buying assets, whether financial or real, as a result.
Edit: looks like the P/E ratio almost doubled in 2021 from 20-25 to 40-45. Is that just because revenues were down during COVID, or is it where all the stimulus spending ended up? https://www.multpl.com/s-p-500-pe-ratio/table/by-year