Keep in mind that the global economy is slowly coming out of a period of low to no growth. Valuations may be high right now, but good companies are also making good profits and the US economy is lagging compared to much of the rest of the world, emerging markets in particular. As always, choose your investments wisely.
RE: A correlation chart suggests Dow to crash 90% to a value close to 2000
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A correlation chart suggests Dow to crash 90% to a value close to 2000
I just looked at one of the emerging markets - Indonesia, specifically a major company Go-Jek.
Apparently it is good but not profitable.
http://www.zerohedge.com/news/2017-03-01/these-guys-are-destroying-uber-yet-few-westerners-have-ever-heard-them
A comment underneath the article exposes the "profitability" of the company.
There are many such companies (sometimes sponsored by national govt), so I wouldn't put my money there
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