>And what about all the companies that still have billion dollar market caps but have NEGATIVE earnings? (Atlassian, Snowflake, Uber, Crowdstrike, Shopify.... the list goes on)

I think they are an extremely small part of the $100tn global stock market that people here love talking about because they work there.

>Folks we are in a tightening cycle in order to fight inflation.

My point was that we are at multiples in-line with 1990, ya know when we had 8% 10Y yields.

Folks, call the end of the world at your own peril.

> My point was that we are at multiples in-line with 1990, ya know when we had 8% 10Y yields.

Is any part of you worried the S&P is headed 3600 -> 3500 -> 3200 -> 3000 -> 2800 given the current climate? I'm worried that the current P/E ratio (from EPS TTM, past 4 quarters) might be a bit "rosy", and the next 4 quarters of earnings are over-optimistically priced (not enough pain has been factored in/the effects of corporations having to try to grow for 18 months in a 4% interest rate environment hasn't been priced in yet).

If you check https://www.spglobal.com/spdji/en/documents/additional-mater... and https://www.yardeni.com/pub/yriearningsforecast.pdf, analysts are forecasting 8-9% earnings growth 2022 -> 2023.

That means if we don't hit those numbers, the market will have to reprice itself, no?

Spot on.

Additionally, if the entire world stock market is $100tn, the US is sitting pretty, because at $49tn the US stock markets represent HALF of the entire world stock market.

S&P100 is $28t of that, S&P500 is $32t.

> Keep your head in the sand at your own peril.

Where do you propose to store wealth if it is all coming down?

Wealth? You want fixed rate debt right now if it’s all collapsing and we have a decade of unstoppable inflation upon us.

i-Bonds are limited at 10K, and bond funds seem risky if rates will go up ?

Or are there specific bond funds for this unique time?

The financial markets are predicting 2.15% inflation over the next 10 years:

https://fred.stlouisfed.org/series/T10YIE

Good muck to anyone placing their trust in internet forum hot takes.

Bond funds are generally a poor way to invest in bonds, especially in a rising interest rate environment.

No I’m saying you want to go in debt!

Hm can you explain more? Go into debt and do what with the money?

But housing could well crash, so mortgages are out.

What type of loans are we supposed to be getting?

Home equity loans, etc.

A home equity loan with a risk of a housing crash?

Hyper inflation more likely. Get a loan while money is cheap. Housing will come back no matter what anyways. But honestly could be 3x their cost today in 10 years. No one is selling anyways.

Wages are moving down in real terms. Many home purchases are made with 40% of gross income presently. Increased (3x) home costs would mean buyers would be paying out an even higher percentage of gross income. Eventually too many buyers are unable to buy housing and the party is over. I think we are already there, so 3x housing prices (and 3x rental prices) in 10 years seems very unlikely.

The printer will go burr and wages will increase because a load of bread is $10. Most of todays debt will be wiped out.

The burr of the printer will only make the spread between wages and costs even worse. Only fixed rate debt will be eroded by inflation; variable rate and short-term debt will step up to higher rates.