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No. of Recommendations: 7
If rates stay here stocks are cheap looking out 10 years

Would be wonderful if he added--for the math challenged--that by "cheap" what he means is that an owner of stocks-in-general is certain of a return less than half of historical norms...that stocks at this level are only "attractive" when compared to the absolutely dismal forward return of bonds...and furthermore that anyone who thinks the next decade will be anything even vaguely resembling the past decade is delusional.
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