'Welfare State Fraud' in the West Coming Undone: Porter Stansberry
Commodity Culture
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The S&P 500: Analyzing Unprecedented Overvaluation
This chapter examines the S&P 500's current unprecedented high valuation through the lens of the CAPE ratio. It argues that despite earnings disruptions from COVID, the index remains significantly overvalued and is likely to face a correction due to capitalism's innate correction mechanisms.
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