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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: Sun Tzu who wrote (42973)11/12/2021 7:59:32 AM
From: Real Man  Read Replies (1) of 97331
 
Stocks may have to price in:

1. Inflationary recession (GDP growth slower than inflation)

2. In(1), inability of the Fed to stimulate, and possible necessity to raise rates, possibly fast,
because they are way behind the curve. So the only buyer causing bull market since 2009 is removed.

To all bulls, have fun in stocks in (1) and (2). Current stock market is priced for perfection.

It is not uncommon for p/e in banana republics to be in single digits.
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