indicator that gives it an indication of where stocks are valuation wise historically price earnings ratio is also one looked at price to book is another one to look at what i mean by medievalism and i think we re heading into this is that the metrics that are used to measure stock valuations are meaningless in the 21st century when you have 0 percent interest rates effectively and you have unlimited credit available to what under theodore roosevelt in american history would have been called monopolies but continue well of course i would say that the fed are like in medieval times they re supposedly the ones that have all the knowledge they have a special book that nobody else can read there s no printing press there s no ability to read and understand and sit in a room and read this knowledge and share it allegedly but there what they re doing to what they see is wrong is money printing which is the equivalent of putting a leech on somebody s head. or drilling a hole in it a
the fed the fed keeps on intervening as we ve been talking about since september october of 2019 in the repo markets it s expanding it s expanding you know what else is expanding because everybody is looking at and waiting for a market crash and they ve been of course waiting for this market crash to happen for the past few years and never comes it never comes but here s an interesting indicator and this is one that i know that you were involved with with karma bank a long time ago 1718 years ago and that was the price to sales ratio because this is an interesting one to look at the price to sales ratio in the s. and p. $500.00 which is currently $2.00 is the highest in bloomberg data history going back to $990.00 stock price as a multiple of sales rights of coca-cola does a dollar and sale in the stocks of $5.00 for any of 5 time sales right so it s an indicator that gives you an indication of where stocks are valuation wise historically price earnings ratio is also one look
unlimited credit available to what under theodore roosevelt in american history would have been called monopolies but continue well of course i would say that the fed are like in medieval times they re supposedly the ones that have all the knowledge they have a special book that nobody else can read there s no printing press there s no ability to read and understand and sit in a room and read this knowledge and share it allegedly but there what they re doing to what they see is wrong is money printing which is the equivalent of putting a leech on somebody s head or drilling a hole in it and putting the leech on top of it trying to suck out the spear as the evil spirits and and terms of what the fed is than and whether or not it s you know we re in bubble territory or who s driving who member i keep on saying what came 1st the chicken or the fed because if you look at this chart of apple in tesla you know they were going up and down sometimes in tandem sometimes not until. whe
you know what else is expanding because everybody is looking at and waiting for a market crash and they ve been of course waiting for this market crash to happen for the past few years and never comes it never comes but here s an interesting indicator and this is one that i know that you were involved with with karma bank a long time ago 1718 years ago and that was the price to sales ratio because this is an interesting one to look at the price to sales ratio in the s. and p. $500.00 which is currently $2.00 is the highest in bloomberg data history going back to $990.00 stock price as a multiple of sales rights of coca-cola does a dollar in sale in the stocks of $5.00 for any of 5 time sales right so it s an indicator that gives you an indication of where stocks are valuation wise historically price earnings ratio is also one looked at price to book is another one to look at what i mean by medievalism and i think we re heading into this is that the metrics that are used to me
something that we do see continuing all these bubbles around the world on interventions from the fed the fed keeps on intervening as we ve been talking about since september october of 2019 in the repo markets it s expanding it s expanding you know what else is expanding because everybody is looking at and waiting for a market crash and they ve been of course waiting for this market crash to happen for the past few years and never comes it never comes but here s an interesting indicator and this is one that i know that you were involved with with karma bank a long time ago 1718 years ago and that was the price to sales ratio because this is an interesting one to look at the price to sales ratio in the s. and p. $500.00 which is currently $2.00 is the highest in bloomberg data history going back to $990.00 stock price as a multiple of sales rights of coca-cola does a dollar in sale in the stocks of $5.00 for any of 5 time sales right so it s an indicator that gives you an indi