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Jim Chanos on Crypto, Tech and the Golden Age of Fraud
Odd Lots
What Do You Think Are the Signs of a Bear Market Bottom?
Sally Kohn: If it was a bottom, it would be the most expensive bottom in modern financial history. Most bear market bottoms have bottomed out somewhere between 9 and 15 times the previous peaks of earnings. We're a long way away from that; we might be at peak earnings right now of $205 or $210. S&P earning estimates are coming down for the fourth quarter are going to be down you over a year.
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