What happens when more & more people start investing in stock market ?

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Take example of country like India, it's widely considered over-valued (based on PE).

Due to growing incomes & financial knowledge, the market participation is expected to increase exponentially. More people seem to be investing in stock market than the traditional options like Gold & real estate. If the company earnings do not keep up with the stock demand, it will lead to even higher PE. Will all this lead to a bubble ?

submitted by /u/UnicornWithTits
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