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A comment on 'Big Short' investor says white-collar jobs bubble is 'bursting'. Parent comment

Re:'Big Short' investor says white-collar jobs bubble is 'bu... by bequanna on Friday September 30, 2022 @05:16PM (#33040909)
> The stock market's price level is well above where it was pre-pandemic

Nope. Only a few percent above and trending sharply downward:

https://finviz.com/futures_charts.ashx?t=ES&p=w1

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Re:'Big Short' investor says white-collar jobs bubble is 'bu... by RC_ITR on Friday September 30, 2022 @10:45PM (#33043319)
10% in 2 years is a very normal return.
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Re:'Big Short' investor says white-collar jobs bubble is 'bu... by bagacrap on Friday September 30, 2022 @11:03PM (#33043430)
negative real returns
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Re:'Big Short' investor says white-collar jobs bubble is 'bu... by RC_ITR on Saturday October 01, 2022 @07:48PM (#33051255)
Not if your currency of record is the pound the yen or the Euro!

Only one of the reasons it's foolish to 'inflation-adjust' asset prices.

EDIT: Also one nit

> and trending sharply downward

If only the stock market's past performance were indicative of future trends!

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