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Greenspan and later Bernanke tweaked my Fed Model. But had they left it alone, it would have worked better.

I thought that it would be good to compare the current bearish mood of the market with the Fed Model used by the Federal Reserve to measure the value of the stock market.

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Stocks are undervalued. But that still doesn't mean they won't get even more so soon. ... Just because my model says stocks are cheap, that doesn't mean they can't get cheaper. ...

Greenspan and later Bernanke tweaked my Fed Model. But had they left it alone, it would ... The stock market today is extraordinarily cheap when measured against either the ...

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