Stocks Have Been This Pricey Only 3 Times in 153 Years — and You're Not Going to Like What's Happened Following the Prior 2 Instances

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Over the last century, stocks have been on a pedestal of their own. Although other asset classes, including Treasury bonds, gold, oil, and housing, have produced positive nominal returns, nothing else has come close to generating the annualized total return that stocks have delivered.
Despite this…

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