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‘Trap door under the market’ could slash S&P 500 by two-thirds, warns fund manager

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A 'trap door under the market' could slash the S&P 500 by two-thirds, warns fund manager

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“Obscene valuations”? Valuations on the S&P are trading within historical norms, and considering October’s 12 days of market volatility are now trading at a discount. Please don’t print the thoughts of people who have lost an obscene amount of their clients money.

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