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A flawed argument used by Warren Buffett could be setting stocks up for 'one of the worst disasters in history'

15 October 2017 at 13:06
The Warren Buffet-espoused argument that low interest rates support high stock valuations is flawed, because the market also needs growth for that to hold.

Billionaire investor Warren Buffett made a lot of people feel better about historically stretched stock prices earlier this month.

Speaking in an interview with CNBC on October 3, the chairman and CEO of Berkshire Hathaway said, "

John Hussman,

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