"The market continues to be extremely overvalued based on the expected earnings growth for 2022," says Ed Butowsky. He does not believe earnings will grow much more than 8% to 10% in 2022 versus growing over 40% in 2021. Also, he is watching the 10-year treasury as it gets closer to 2%, everything will change in the stock market in terms of valuation. Finally, he provides his stock picks: Carnival (CCL), Las Vegas Sands (LVS), and Palantir (PLTR).
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