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Bloomberg reports that the cyclically adjusted price-earnings multiple (CAPE) is above 40 for only the second time in the past 25 years.
Unsurprisingly, only 50 NYSE stocks hit new 52-week lows compared to 110 new 52-week highs. Over on the
/Progressive%20Corp_%20logo%20on%20phone-by%20T_Schneider%20via%20Shutterstock.jpg)
Bloomberg reports that the cyclically adjusted price-earnings multiple (CAPE) is above 40 for only the second time in the past 25 years.
Unsurprisingly, only 50 NYSE stocks hit new 52-week lows compared to 110 new 52-week highs. Over on the