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Vitaliy Katsenelson Contrarian Edge © 2019
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SPX

Jeremy Siegel is brilliant, uplifting and just plain wrong!

S&P 500 earnings topped out at about $84 a share in June 2007, while corporate profit margins were 44% above their average since 1980.  At the time, these numbers were inflated by global bubbles in real-estate, commodities, liquidity, and growth expectations–a lot of global bubbles.    Since 2007, most of the bubbles deflated, stocks plunged, […]