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by scarmig
5366 days ago
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Doesn't the fact that my POV is apparently outnumbered 7:1 undermine the idea that everyone is a bear? =) Instead of subjective measures like what everyone feels, I prefer to focus on things like P/E and Case-Schiller ratios. Though they obviously have their limitations, they tend to suggest that the market is still overvalued relative historical norms. And I see no reason for our economy to prosper in the near- and medium-term. |
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