Inquiring minds are wondering How Overpriced Is The S&P?It's an excellent question given bulls feel the market is headed much higher while the bears feel the opposite after a remarkable 50% rally.
Let's start off with a look at the financial sector where Allowances for Loan and Lease Losses (ALLL) have plunged even though non-performing loans soar.
To understand the importance of ALLL, inquiring minds are reading a description of Allowances for Loan & Lease Losses. (more)
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