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The Year of Disappointment (EP.303)

Animal Spirits Podcast

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The Effect of Fundamentals on Growth

The European market grew their earnings before interest in taxes 20%, NASDAQ only 5%. That is a crazy number to me. For the first time in forever, it's such a tiny thing, but international performance on this JP Morgan chart that we've talked about forever. The US streak ended at 14.2 years and now 1.3 years of our performance for international stocks.

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