Interesting macros..even more interesting is those historic collective averages..
problem is.. the past and the now.. does not factor in the coming and the there after..
I have a feeling your fair value indicator will come down 1000 points by next year..
Hope that helps..
and god bless..
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- macro's xjo fair value: 4090-4271
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Shanthar Pathmanathan, MD
Shanthar Pathmanathan
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