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Are We Sure a Recession is Coming? (EP.263)
Animal Spirits Podcast
The Russf One Thousand Value
The p e ratio of profitable companies is under ten for just the second time of the last decade. Looking at small caps, t russ two thousand fell 30 %, 31% and pique to trough. One silver line of this is that prices have come down a lot. Earnings expectations certainly have not come down. If ernegs collapse, then the picture changes entirely.
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