VegasBob

5 Reasons Stocks Will Keep Falling

This economic crisis has nothing to do with Democrats promoting homeownership. That's nonsense. The crisis is the result of Wall Street greed and the elimination of traditional credit standards in the rush to score a quick buck. The mortgage backed securities that are bringing down the system were securities created by Wall Street, not by Fannie Mae and Freddie Mac.

Never in my life have I seen the Republican party conduct a presidential campaign with such vitriol, hatred, deception, deceit and outright lies about the opposition. I've voted Republican for nearly 40 years, but I will vote Democratic in 2008.

Fed Model Says S&P 500 Undervalued - Does It Matter?

The Fed Model is the biggest crock of manure ever foisted off on gullible traders.

There is absolutely no compelling reason to believe that stock valuations are in any way correlated with Tresury yields.

In fact, trying to backtest the Fed Model to periods prior to 1980 proves the assertion I made above.