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Net Income Margins Says Stocks Can’t Reach New Highs
by Michael Carr November 26, 2018 Stocks
Economists often write dense papers. Advanced math makes their arguments almost impossible to understand. Sometimes, an economist speaks clearly. Herb Stein, chairman of the Council of Economic Advisers under Richard Nixon and Gerald Ford, did that once. He explained the entire world with just nine words. “If something cannot go on forever, it will stop.” […]

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