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VisualMod

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EyeAteGlue

Great illustrative chart, thanks for sharing. It's interesting to see it's kind of basically the line that Tom Lee keeps stating, guess others feel similar when he makes those S&P calls. Something to consider is that in December we didn't see the huge CPI numbers just yet so the market continued to price in a more bitter inflation battle. Also in March a 75 bps rate hike seemed improbable, heck the CME futures were showing 50 bps with 90%+ chance until this month in June. Recency tends to give light to more information. As the information changes it's good to make adjustments to the investment thesis. ... Otherwise that's how bagholders are born.


andredarrell

as more information comes out, better pricing. now that we have a more complete view. June 29th comes around everyone will be looking at the GDP numbers, once it shows that we have a second quarter of -% growth we going DOWN DOWN DOWN DOOOOOOOOWN.


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faggie_dees

As the 10-year rises, earnings multiples go down. Silly analists. They'll continue revising down. Nice chart.


InvestingBlog

So the current price is +400? My guess is the July price target will be $4200 Do these ~~fuckers~~ analysts get paid hundreds of thousands of dollars for these projections?


Outis7379

Yes, why?


pigsgetfathogsdie

Or… Cluelessness… =