Rise In Multiples

Prices of stocks in the S&P 500 are running ahead of profits by the fastest rate in the last 14 years and the bull market that begin in 2009 is now beyond the average length of rallies since Harry S. Truman was president of the United States. We note this assumes 2011 was an up year which it was barely for the S&P 500 but not for the Russell 2000.

Multiples Rise


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