David Stockman S&P 500

David Stockman: Now Is Not The Time And Place For Nosebleed PE Multiples

"...the very idea that you would pay 26X EPS for the S&P 500 at the tail end of a 103 month long recovery cycle is truly ludicrous."

"...the very idea that you would pay 26X EPS for the S&P 500 at the tail end of a 103 month long recovery cycle is truly ludicrous."
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