The funny thing is that these people do their calculations using the lowest Treasury yields and interest rates, like those yields and interest rates will be that low when we SPX is at 1050 and 1200. LOL.
It's the same B.S. they fed the public at the top of the bubble with their estimates for earnings and growth. Just a bunch of B.S.
"When fascism comes to America, it will be wrapped in the flag and carrying a cross." - Sinclair Lewis
"Those Who Would Sacrifice Liberty for Security Deserve Neither." -Benjamin Franklin