Called 2 Action - S & P Price Per Earnings Ratio at Pre-Depression Levels
Show Notes:
- David appears @ 30:00
- Britain is preparing for a United States war with North Korea. Already commissioning several warships to the area.
- The markets are trading at a low volume due to uncertainty over tax reform which faces challenges passing the Senate.
- S & P price per earnings ratio is at highs not seen since the late 1920's which was right before the great depression.
- Billion dollar hedge fund manager Howard Marks, thinks stocks are way overvalued and certain stocks are "anointed" as if nothing can go wrong.