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Tag Archives: jobless recovery
Not a Bubble; Earnings Are Rising Nicely
Stocks are behaving as I expected. On Jan 18 I highlighted “valuation levitation,” writing “the market senses that, with rates so low and dividends set to keep growing, investors could decide that stocks deserve a materially higher valuation despite slow … Continue reading
Posted in Uncategorized
Tagged jobless recovery, profits, stock market, stock market bubbles
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