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The Disconnect Between The Markets & Economy Has Grown
09-24-2019, 04:35 AM,
#1
The Disconnect Between The Markets & Economy Has Grown
The Disconnect Between The Markets & Economy Has Grown

he all-time highs in the stock market have been driven by the $4 trillion increase in the Fed’s balance sheet, hundreds of billions in stock buybacks, and valuation (PE) expansion. With Price-To-Sales ratios and median stock valuations near the highest in history, one should question the ability to continue borrowing from the future?       […]


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