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An Athleisure Brand That's Defying the Odds

Bloomberg Businessweek

Is There Something Different About This Market Environment?

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The 2900 was really referring to the average of multiple different valuation statistics. Right now P.E. on the S&P 500 is about 17 or about 17.5. We've been doing it for decades using five-year normalized earnings. Is there anything different about this market environment other than we're coming out of a pandemic that none of us have lived through before?

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