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Episode Synopsis "Bull or Bear? Ed Easterling author and founder of Crestmont Research offers his insights"
An alternate view of secular trends is offered by Ed Easterling of Crestmont Research. See his fascinating study Understanding Secular Stock Market Cycles, which makes a persuasive case that we remain in a bear market that began in 2000. The underlying principle, in Easterling's view, is the price/earnings ratio, which remains lofty.
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