Wallstreetbets - Earnings and discount rates are the two strongest variables in determining asset prices of stock markets. The Roaring 20s were possible with a 3.5% discount rate; just think about how high markets can go with a 0.25% discount rate! #fintwit $SPY #wallstreetbets $VT $DIA $UPRO

8:53am PDT - August 27th, 2021

Earnings and discount rates are the two strongest variables in determining asset prices of stock markets. The Roaring 20s were possible with a 3.5% discount rate; just think about how high markets can go with a 0.25% discount rate! #fintwit $SPY #wallstreetbets $VT $DIA $UPRO

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Roaring 20s by Tate (@Roaring20sTate)