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  • It's Nothing To Do with Future Earnings [View article]
    It appears that your analysis is only based on PE's (at least your charts are only PE's) so you are assuming that for the PE to normalize, there is only one solution, price must rise. Couldn't we just as equally have earnings fall with price constant or falling to get back to fair value?
    May 21 21:13 pm |Rating: +2 0
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