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Level last seen in 2002 as tech-fuelled equity rally throws up red flag on ‘Fed model’

US stocks at most expensive relative to bonds since dotcom era

by Canary Wharfian
on January 25th 2025
Level last seen in 2002 as tech-fuelled equity rally throws up red flag on ‘Fed model’
https://www.ft.com/content/f8b6dbb5-eb9b-4639-b72a-e7c9b2925bb3
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