Home › Forums › Financial Markets/Economics › Shiller PE Ratio above 30 › The-Shoveler wrote:henrysd
[quote=The-Shoveler][quote=henrysd] Wall street would love to propel the market higher when so much retail investor money has sidelined.[/quote]
LOL That’s my other theory, what happens if dumb money does not show up to bale out the smart money.[/quote]
Dumb money matters less now. Corporate stock buyback totaled $800b last year, probably will be the the similar number this year.