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Is the Stock Market Getting Ahead of Itself? (EP.293)

Animal Spirits Podcast

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The Stock Market Is on a Monster Run

Netflix smashed expectations, but it's going to be hard to gauge the stock market based on individual names that are down 75 or 80%. IFA is up 60% over the last 10 years, 5% per year. The fact that they're having a big snapback, I mean, the S&P is up over 200% over the past 10 years.

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