Exploding debt levels mean stocks can't go ‘To the Moon’ forever

"Some of the earnings estimates that I'm seeing, as you said, the consensus is just below $170, are going to require multiples that just don't make a lot of sense to me within the context of the fact that rates can't go any lower," said Peter Cecchini, founder and CEO of AlphaOmega Advisors

from Stocks-Markets-Economic Times https://ift.tt/3pFRZAv