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Subject Quotes of 'tarded Wall Street shills from 2007 right before the great crisis of 2008
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Original Message cruise

HERE'S WHAT THEY WERE SAYING:

"...investors are worried that the bull market might end in 2008. But Wall Street’s top equity strategists are quick to dismiss such fears....the dozen seers we’ve surveyed all have penciled in higher stock prices in 2008, although their estimated gains vary widely, from 3% to 18%. On average, the group sees the Standard & Poor’s 500 at 1,640 by the end of next years..."
-Barrons

...the S&P 500 trades today at just 15.6 times average 2008 estimated earnings — well below the average P/E of 18.6 times earnings during periods when inflation was at similarly muted levels in the past 57 years...

-Goldman Sachs


AND HERE IS WHAT REALLY HAPPENED:

[link to imgur.com]

Source:

[link to wolfstreet.com]
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