When I doubled back into financial history, early-postwar decades, I was surprised to see how long low interest rates prevailed. By now, everyone knows the reciprocal of minimal rates is a price-earnings ratio in the high-teens, what we're enjoying today.
When I doubled back into financial history, early-postwar decades, I was surprised to see how long low interest rates prevailed. By now, everyone knows the reciprocal of minimal rates is a price-earnings ratio in the high-teens, what we're enjoying today.
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