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How Smart Is Your Home? Outlook For Smart Home Tech

Bloomberg Intelligence

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Is There a Ten to 15 % Correction?

We think that price earnings ratios, especially on most expensive stocks, i should compress. A lower p e ratio than potentially a earnings disappointments or fewer positive earnings rovisions are the two catlistst that might unleash that ten, 15 % correction. We're seeing folks talk about the gross scale. Were seeing people down grade their estimates for third quarter g d p grows. And there's just no precedent for that.

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