On The Impossibility Of A Soft Landing

04-22-2016 • https://www.lewrockwell.com

While the robo-traders play tag with the chart points, it is worth considering how it will all end. After all, at today's close the broad market (S&P 500) was valued at 24.3X LTM earnings per share. That is, valuations are in the nosebleed section

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