Stock markets are for crafty

Stock markets are out of touch with reality and the bubble may burst.
Throughout the month of August, the US stock markets have exceeded their all-time highs motivated by the great euphoria. But it is not known what this euphoria is due to.
If history should teach us anything, it is that moments of euphoria are dangerous because the valuations we give to assets are inflated. For example, the automobile company TESLA, which trades at more than 1200 PE ratio. Be careful with these things, because the stock market is being held high by certain values that are totally in a bubble and that can explode at any moment.
All the news, rumors and statements that governments make is more and more public spending. Be careful that there are limits. If a government spends more it is because it is in debt more and that will mean cuts in not too long a time. The solution cannot be to spend more, but rather to spend better, to facilitate hiring, facilities for innovation, and facilities for self-employment. Because in Europe tax increases are already heard. The obsolete Europe that lately does everything backwards. With such high taxes and unbridled spending that cause growth of their economies squalid in times of bonanza.
The SP500 index is already trading at PE 30.32. In other words, it is well above the logical PE values that are between 15 and 20 and they begin to indicate BUBBLE DANGER. The secret of every business is to buy low and sell high and here the last one is foolish, because what is clear is that after these moments of euphoria the stock market will return to reality and leave many dead on the way. Don’t get caught and take advantage of the opportunities.
Of course, the stock market always goes up or down not because of the current moment but because of the expectations it will have in the future, but many times, certain shares are overvalued because that company is hot. That is where our ability should know how to see situations. I’m just saying that right now the stock market is out of reality, reaching highs when many companies are restructuring and are not generating profits.