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The US economy has now been in an expansion for 77 months.
Average expansion since 1949: 67 months Longest: 128 months
(2009 - 2020) Shortest: 12 months (1980 - 1981)
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00:01 - 05/11/26
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The forward 12-month P/E ratio for
SPX
is 18.7, which is below the 5-year average (19.8) and below
the 10-year average (19.1)
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A lot of people are going to be spectacularly right, or dead
wrong
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US Jobless Claims hit their lowest levels since 1969. The US
population in 1969 was 203 million. Today it's 349 million.
If you adjust for this population increase, jobless claims
have never been lower than they are today
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"Sell in May and Go Away"
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