The bubble will eventually pop, trying to figure out when. The continuation pattern seemed familiar so I overlayed the Dot Com Bubble.
Looks like the bubble continues until next summer. Valuations are at ridiculous levels.... this can't end well.
CMG, COUP, TSLA all have P/E ratio of like a thousand, lol. CAPE ratio is the highest since the DOt Com bubble, as you would expect, but it's at 33.7 whereas it went close to 45 in 2000.
multpl.com/shiller-pe
Party like it's 1999, I guess.
Looks like the bubble continues until next summer. Valuations are at ridiculous levels.... this can't end well.
CMG, COUP, TSLA all have P/E ratio of like a thousand, lol. CAPE ratio is the highest since the DOt Com bubble, as you would expect, but it's at 33.7 whereas it went close to 45 in 2000.
multpl.com/shiller-pe
Party like it's 1999, I guess.
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