Big news: Trump just announced fresh US military strikes on Iran and warned the country ‘will no longer exist’ if things reach a point where ‘we can’t be reasonable’ anymore.
Depreciation methods made simple 📉
Straight-line: same amount each year.
Double-declining: big drop early, less later.
Units of production: based on usage.
Easy to understand, right?
Jeremy Grantham just called this the most overpriced market in U.S. history.
The guy who called the 2000 and 2021 bubbles says when this one pops, stocks could drop way more than most think.
He sees a 70% decline from here, not 50%. Reason? Market PE has been 60% above its