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« Weighing the Week Ahead: Can Job Growth be Improved? | Main | March Employment Report Preview »

April 03, 2012

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ScottM

Oh no, he invoked the "fiscal cliff" and the "S&P only returned dividends over the last 10 year" blather. Then he talks about high multiples. Multiples were high 10 years ago, not today, so he has it backwards. Fiscal Cliff is the new fearbuzz circulating around, and these things almost never seem to happen. Brian Wesbury does a great job shooting down the FC:
http://www.ftportfolios.com/Blogs/EconBlog/2012/3/26/heard-the-one-about-a-fiscal-cliff

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