Stock investors could be 'delusional' if prices continue to rise faster than earnings forecasts, Ed Yardeni says

Business Insider

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· *Stock valuations are soaring ahead of profit expectations, and investors should "come to their senses" and let prices cool, Ed Yardeni, president of Yardeni Research, said in a Monday note.*
· *The S&P 500's forward price-earnings ratio climbed to 22 on Friday, landing about 3 percentage points above the cyclical peak in...

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