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Feb 05 2022

Bubble Or Not? Two Valuation Takes

  • Feb 5, 2022

In early 2018, we thought the market was expensive, but certainly not a bubble. Today, the trouble is not just high P/E multiples, but the sustainability of the “E” itself—with profit margins nearly 20% higher than ever before. Whether one believes U.S. Large Caps are engulfed in a bubble or not, we have a P/E ratio for you.

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager