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Fidelity: Think Stocks Are Expensive? Video & Text Presentation

FYI: Many market observers appear to believe that the stock market is overvalued. But is it really? Let’s consider this puzzle, taking into account three variables at once: the risk-free rate, the risk premium, and earnings growth.
Regards,
Ted
https://www.fidelity.com/viewpoints/market-and-economic-insights/market-outlook-Timmer-june-2015

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