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Valuing Stocks, Housing and Bonds

Martin Wolf, writing at, has reviewed a new book by Andrew Smithers,
"Wall Street Revalued: Imperfect Markets and Inept Central Bankers" (Wiley 2009).  The following charts indicate that everything is still bubblicious.  Read the article (here) and, if you are anything like me, you'll be buying the book.

Click to enlarge