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THE STOCK MARKET IS DOING THE "UNTHINKABLE" RIGHT IN FRONT OF US
EPS growth 27.7% YoY
Forward PE of 20.3
Economy ok
Interest rates ok.
88% of companies beat EPS expectations for Q2
85% of companies beat revenue expectations for Q2
This is not a "bubble" being propped up by hype
This is a market being driven by SOLID EPS growth
& share prices will follow that in the long run
Will we get pullbacks & volatility? Of course!
But the long term investor will continue to win...