Stock market nearing old highs, but at 'cheaper' prices

http://ift.tt/eA8V8J

And a bit of simple market algebra could be used by the bulls to pencil in a run to 3000 on the S&P 500 – up 8 percent from here. Just slap January's peak multiple on today's forward earnings forecast and the index is there – and would mean a 12 percent gain from year-end 2017, which would come ...

from Algebra

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