Possibly, hard to tell. Corporate profits are at record highs[0], so while it might be difficult to justify Tesla P/E ratio, you can't say no one cares about profits anymore. These companies are flush with cash and buying up anyone with a half-baked idea, but it's hard to blame them.<p>We also are not even close to the most profitable stretch in stock market history. We are likely due for a correction somewhere as corporate debt pushes higher and higher [1], but even long profitable periods of the markets can be marred by corrections (if the fed lets the corrections happen).<p>I don't know, these gloom and doom articles spread fud and I think that if anyone could pin down when and where and the size of the correction, they should make those investments and make bank. Otherwise, the fundamentals of investing should remain the same.<p>[0] <a href="https://www.bloomberg.com/news/articles/2021-12-06/stock-market-u-s-corporations-hit-record-profits-in-2021-q3-despite-covid" rel="nofollow">https://www.bloomberg.com/news/articles/2021-12-06/stock-mar...</a>
<a href="https://tradingeconomics.com/united-states/corporate-profits" rel="nofollow">https://tradingeconomics.com/united-states/corporate-profits</a><p>[1] <a href="https://www.wsj.com/articles/pandemic-supercharged-corporate-debt-boom-record-11623681511" rel="nofollow">https://www.wsj.com/articles/pandemic-supercharged-corporate...</a>