Higher Rates Could Burst The S&P 500 Bubble

The S&P 500 is trading with a Shiller PE reading of 42, just below the record high level reached at the peak of the 2000 dot-com bubble. The Fed committed a policy error by easing prematurely, and now it needs to reinvert the yield curve to curb rising inflation - this could burst the bubble.

Source: Seeking Alpha

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Category General

Source Seeking Alpha

Published 4 weeks ago

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News ID #12,203

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