Alfred Kugel Quotes



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Fundamentals | Inflation | Interest | Rates | Worldwide |
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Since we don't have a lot of economic data, the most important will be durable goods.
- Alfred Kugel

We've now changed the valuation of the stock market quite a bit... If anything, the earnings estimates have been going up and stocks have been going down. The price-to-earnings ratio on forward earnings is now down to about 15 times, which is very low relative to interest rates and inflation at the present time.
- Alfred Kugel
