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Investors Feel Almost No Risk Of Long-Term U.S. Stock Market Downside

Investors Feel Almost No Risk Of Long-Term U.S. Stock Market Downside

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The current trailing US EV/EBITDA at 17.2x is very high compared to its 10x average since 1990. This gives most value investors pause, but momentum investors are following this trend. Any investor who believes in the concept of reversion to the mean will be terrified by how clearly overvalued the US is.

...read full article on Seeking Alpha

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