Comparing 2001 to Today’s Market, ‘Amazing’ that the Fed Cut Rates

Anthony Saccaro compares the 2001 bubble to now, looking at P/E ratios, capex spending, and borrowing. He thinks investors should respond to these conditions based on their age and goals, with people close to retirement pulling chips off the table and people with longer-term horizons staying in tech. He thinks it’s “amazing” that the Fed cut rates and explains why he doesn’t think they needed to cut at all. Anthony also expects the real estate market to become busier in the near future.

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