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DAVID BIANCO: The S&P 500 Will Make A ‘Straight Shot’ To 1800 – Business Insider


Business Insider

DAVID BIANCO: The S&P 500 Will Make A 'Straight Shot' To 1800
Business Insider
This PE aligns with the average since 1960 and implies that 6% is a fair real return on long-term S&P 500 ownership. Further PE expansion in 2014 or 2015 would be justified if long-term real interest rates stay below historical norms when the Fed stops

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