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The market likes what the Fed said, but stocks are beginning to look pricey

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The S&P is in an environment where investors have priced in a lot of positives, but there is very limited earnings growth.

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Shut up

Oh ya we are downing enough. Need to get uppppppp

The Fed just inflated the bubble. Earnings and forward guidance haven’t dropped this far, this fast in 25 years and the FOMC rhetoric intended to inflate stocks at a time when earnings are collapsing?!?! Are you kidding me?

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