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LA real estate
fromSFGATE
2 days ago

A coastal Santa Cruz property comes with bunker and radio stations for $8.9M

A Santa Cruz oceanfront property with two operating radio stations, lagoon access, and development potential is listed for $8.9 million amid surging tech-driven real estate prices in the area.
fromFortune
5 months ago

Everyone agrees stocks are suspiciously high. And everyone agrees they're going higher anyway. | Fortune

Fortune's Shawn Tully points out that the S&P 500's price-to-earnings ratio just hit 30, which often signals impending doom. "A PE of 30 means big cap stocks are really, really expensive by historical standards. It also signals that from these heights, the chance for big returns going forward over any extended period are low, and the risks of a sharp 'reversion to the mean' downdraft is far more likely," he wrote on Tuesday.
Business
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