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In One Chart: Stock-market values recently reached levels seen on the eve of 1929 crash, by one measure

According to Deutsche Bank strategist Jim Reid, the recent run-up in U.S. stocks has taken markets “above the level seen on the eve of the 1929 stock market crash and the recent peak in January 2018,”citing the CAPE ratio of price-to-earnings created in part by Robert Shiller.

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