S&P Intrinsic Value Update – 100% Gain Ahead?

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S&P Intrinsic Value Update – 100% Gain Ahead?
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What is interesting about Schiller’s cal is that it isn’t crazy. The last two “bubbles” saw equity levels 100% higher than the intrinsic value index at their peak. A 50% rise from current levels would not be rare, or a signal of impending doom.

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