Standoff
Bloomberg Opinion
00:00
Is Liquidity an Issue?
No one really knows what the forward earnings of the S&P 500 should be. We don't have any good precedents to rely on here and so there's a big uncertainty about the market. I still ultimately think that there comes a point when ten years from now there probably are going to be some diligent long only people who bought a bunch of cheap stocks. And will be rewarded.
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