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    Historic Comparatives

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    • Equity market was in denial, catching up now: JP Morgan

      Between 2003 and 2007, markets went up 7 times and created distortions in the minds of the investors and fund managers in terms of expectations of growth and valuations. If one were to look at historic comparatives, then it would be preferable to further go back in time and look at what valuations were doing in relation to growth

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