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Strategies & Market Trends : The Residential Real Estate Crash Index
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From: James Hutton5/11/2009 10:23:22 AM
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A little vindication for Roubini, who seems to have largely vanished from the MSM: SP 500 earnings estimates now down to $57. I think Roubini estimated SP 600, based on $60 earnings this year and a 10x multiple. It actually looks like he was too optimistic on earnings.
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