Extreme holdings of financial assets versus personal income that supports these assets has not been great for stocks, or the economy longer-term, despite the Fed pumping them up. The S&P 500 P/S is also at a record high, along with the Value Line P/E. The Elite Eight P/E and P/S are also overvalued. DAVIS265 jumped from just 38.9% to 68.9% bulls.
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