PENNEY PODCAST - Hosted by Michael J. PENNEY — HYPERINFLATION -- Rule Of 20

HYPERINFLATION -- Rule Of 20

Posted by Michael J. PENNEY on

HYPERINFLATION -- Rule Of 20

Rule Of 20 - S&P Price To Earnings Ratio Indicates HYPERINFLATION On this very brief episode of the PENNEY PODCAST, I share the simple method for judging whether or not we are enduring HYPERINFLATION; per the "Rule Of 20" made famous by Peter Lynch. He averaged over 29% above market for 13 consecutive years. The guy knows what he is talking about. Which is why I echo his frustration with the current market. Additionally, to quote Michael Burry, who was made famous in the movie "The Big Short", has said the economy is "dancing on a knife's edge."    🐇 ...

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