"Stocks Have Never Been More Expensive": Disconnect Between Markets And Reality Hits Idiotic Levels
May 6th 2020 2:50pm EDT
“Stocks Have Never Been More Expensive”: Disconnect Between Markets And Reality Hits Idiotic Levels One month ago, with the S&P500 staging an impressive V-shaped rebound from the March 23 lows after the Fed unleashed a nuclear bomb of monetary stimulus, we showed that forward stock multiples had surged right back 19.4x, which was just above […]
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