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Author: UPFINA

Unrealistic Stock Return Expectations

Valuations are much higher than they were 5 years ago even though the risk free rate is exactly the same. It’s unlikely that we get more multiple expansion in the next 5 years.

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Junk Is As Good As Gold

Junk bond yields are at a record low. This doesn’t mean a volatility event is coming soon, but history suggests that…

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[523.251,1046.50]
[523.251,1046.50]