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Why Brian Wesbury is Bearish

The Compound and Friends

CHAPTER

Earnings, Interest Rates, and Market Dynamics

This chapter analyzes the interplay between earnings growth, interest rates, and the performance of the S&P 500, reflecting on COVID-19's impact on businesses. The discussion highlights concerns over overvaluation in tech stocks and the risks associated with companies like NVIDIA amidst shifting market conditions. It also contemplates the historical context of stimulus measures and their effects, setting the stage for potential economic vulnerabilities ahead.

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