High and rising real rates – remember that all-time low PCE print – and extreme valuations based on unrealistic profit forecasts was the 1987 setup. It is here again. Watch out.
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InLibrisLibertasLocation : Port Orange, Florida, United States
I'm an independent investor. I make my living from the returns on my investments. I work at home, near Daytona Beach in central Florida. I spent most of my career as an executive in high-tech, although I also spent time in banking. -
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