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This Q ratio projection of S&P 400 by 2014 is a good example of the limitations of quantitative tools when the underlying economic factors no longer apply. This is a time for macroeconomics, not just projecting numbers.
Dec 10 12:20 pm
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All Comments by bbowen7 »Wall Street Breakfast: Must-Know News [View article]
The real thing to consider: the loss of our manufacturing base - so that 70% of GDP is debt-enabled consumer spending.