RE: The Biden/Harris Human Infrastructure Bill15 Nov 2021 09:54
Will it add to the bubble in stock prices, pop the bubble or make no difference? My guess is the later in the short term, then pop next year. Have you seen the P/E's, Nasdaq 55.2, S&P 39.5, FTSE100 24.0. Even Musk has found a clever way to sell 10% and get into cash - or whatever he converts it into. Berkshire Hathaway sitting on a cash pile $149 bn - nothing cheap enough to buy.