Ronald Muhlenkamp: Fair is Fair
Ronald Muhlenkamp: Fair is Fair
Everything is fair for Ron Muhlenkamp right now: The economy continues to expand. Inflation remains under control at about 2%. The Fed continues to raise short-term interest rates toward the 3%+ range, the long-term treasury rates (the 30-year) are just below the 5% range. Stocks are priced to return 8%-9%…
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