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Politics : Ask Michael Burke

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To: BGR who wrote (59812)	5/20/1999 12:36:00 AM
From: Skeeter Bug	Read Replies (1) of 132070

>>IMO, S&P500 PE expansion is mostly a result of (1) relatively lower rates that the market has enjoyed for a while<< well, rates are over 20% above their lows and... how much has the s&p dropped during that same time frame since this market is interest rate driven? ;-)

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