You know, we had four great years because we had declining...

You know, we had four great years because we had declining inflation and interest rates. There's been a sea change. We now have inflation and interest rates actually heading higher. That makes things entirely different - you can't get away with high-priced earnings or overvalued stocks and so we're going through this adjustment to a new reality.

Hugh Johnson Quote About Adjustment, Declining, Earnings, Entirely, Four: You Know We Had Four...

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