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Price earnings ratio

Is Apple’s Stock a Quasi-Currency?

iPhone 5 as Economic Stimulus (Note the Multiplier Effect) So, there appears to be a debate these days about whether the debut of Apple’s much-anticipated iPhone 5 can do what the Federal Reserve cannot:  provide a genuine stimulus to the U.S. (if not) global economy. Put me squarely in the “affirmative” camp. That’s because cumulative...
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