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Posted by
Two Blokes Jul 12 -
Filed in
General
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#TwoBlokesTrading
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10 views
I maintain my sell recommendation as S&P 500 valuations have returned to bubble-like levels, with forward P/E at 22x and sentiment at 'Extreme Greed'. The recent truce in the US-China trade war fueled a market rebound, but risks from escalating tariffs remain high and earnings forecasts are being cut.