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September 01, 2020 1:32pm
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Could lofty stock-market valuations put the brakes on this year’s rally? Probably not, analysts say

It's become a common refrain among those who believe the 2023 stock-market rally seems too good to last: by almost any measure one chooses, equity valuations in the U.S. are looking stretched.
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Photography by Christophe Tomatis
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