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Ritholtz’s Rules Of Valuations

FYI: Over-valued stocks and markets can continue to get overvalued, often for along time. Cheap stocks can get even cheaper. (Think back to 1996, when so many strategists became cautions. Markets powered higher for 4 more years).
Regards,
Ted
http://ritholtz.com/2017/03/ritholtzs-rules-valuations/
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