But their Tax Cut created it.

from record corporate buybacks and stock options, as well as 7+ trillion foreign moneys - not solid, long-term, buy and hold, investment types.

However, . . .

But the propaganda and deception regarding currency valuations r throwing a nasty tRumpian spin into evaluations.

And several since then.

And right now, we are significantly over valued, AND the central banks do not have enough interest rates to drop in order to stop the next crash.

I‘M thinking 45-90 days before all he k breaks loose for a downturn. Trump’s impeachment trial may be the trigger, even if he isn’t removed, it will be the end of the growth I market prices.

...Thanks to the trickle-down/piss-on free-market-is-god repuglikans. They haven't allowed us to do SH*T about the sub-prime mortgages and derivative creations that fueled the collapse. Interest-rate and credit default swaps are STILL unregulated time-bombs waiting to explode again. All these years later, there are even more TRILLIONS of dollars of liabilities wrapped up in these out-of-control Frankenstein-monsters waiting to detonate our economic security into oblivion. (I hope POS-Sen. Phil Gramm and his POS wife rot in hell for leaving us out to dry on these things.)

So it's little wonder, after 10 years of .25% to 2.50% interest rates due to QE1-2-3-4 we have a booming stock market that just drifts higher for months on end every time the Fed drops interest rates. Powell has lost control because he capitulated to Trump's tirades. If Democrats secure the White House, the Fed will know they have a window for make up time. Interest rates will rise.

interesting concepts.

OMFG the market is overvalued SELL SELL SELL post.

In reality, the current market is not overvalued. It's on the high side, but BFD. And if you're trying to time the market, you are playing a fool's game. Okay, so take out some profits, but you're an idiot if you sell everything.

Keep in mind that the market periodically reaches new highs. It never reaches new lows.

And on average, the market goes up two out of every three years.

that the competition to stocks -- bonds and other fixed income investments -- have way low interest rates compared to the average of the last 80+ years. It's impossible to find anything above the 2's percent range in bonds unless one is willing to invest in high-yield (aka junk) bonds or go way out like 30 years in maturity (and bear a ton of interest rate risk betting that interest rates will stay about as low as today).

Edited to add: That said, I'm not saying stocks aren't valued on the high side even with consideration of the above. But timing the market is very difficult because it involves making two correct decisions: selling at the right time and buying at the right time. And one has to be in the stock market most of the time in order to have any chance of beating a buy-and-hold investor.

Also, dividend yields on many high quality stocks beat the 2's percent yields on bonds (and also grow over time, unlike bond interest coupons which are "fixed", that's why they are called "fixed income" investments).

But the perma-bears are always right (in their own minds) -- when the market is high, they'll say "it's a bubble, its a bubble". When the market turns way down (and it will, temporarily), they'll say, "see I told you so".