LogFAQs > #914333499

Crepes posted...

Annihilated posted...

http://www.multpl.com/shiller-pe/

The stock market is currently valued about as high as it was before the great depression, which was only second to the dot com bubble. So yes, a correction is expected and needed, and long overdue.

You say needed. Bit arent there massive detriment to the normal people when it does finally crash?

Why would it be a detriment? If anything it makes stocks cheaper and more affordable to everyone who isn't rich. Plus look at the "great recession" dip in 2008. In only a couple of years the stock market recovered to twice its pre-recession highs. The only people who should care right now are fund managers and people close to retirement, and they should already have been rebalancing their portfolios to lower risk securities.