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  • Global P/E Ratios: How the U.S. Stacks Up [View article]
    User, all things being equal; yes, they should be. I think that the reason they are lower is because the Yen was used to invest in higher yielding investments elsewhere (NZ, Aus, ect.).

    I do agree that cheap money has been a big problem. In fact, it's not just cheap, it's free because the interest rate is below inflation. I only hope the Fed reverses course once the CC is under control.
    Apr 04 16:33 pm |Rating: 0 0 |Link to Comment
  • Global P/E Ratios: How the U.S. Stacks Up [View article]
    Why is it whenever there is an article on the P/E of the markets there is always one piece left out - interest rates.

    The comparisons are meaningless if you cannot compare them to the riskless investments, which are the government treasuries.
    Apr 04 14:27 pm |Rating: 0 0 |Link to Comment
  • Payrolls Drop - And You Ain't Seen Nothin' Yet [View article]
    Rob, it's 'normal' in terms that it will be a recession, and not the Great Depression.

    I've been through everything from the 70's stagflation to the 'W' ressesion in the 80's. Even in the 90's I heard some screaming that we were headed back to the 30's.

    And I totally agree on your points. Bush has faced several major tests and has failed each one miserably. Do people have to be reminded how long it took for him to realize that New Orleans was actually in trouble.
    Apr 04 13:05 pm |Rating: 0 0 |Link to Comment
  • Payrolls Drop - And You Ain't Seen Nothin' Yet [View article]
    The data is what it is, nothing more nothing less. It's time to stop being either bull or bear, and take a hard look at what is going on.

    Despite the CC, this seems to be progressing like a very normal recession. It may take a bit longer to come out of, but it isn't anything we haven't seen before. The only real question is how long will the down turn take? 2Qtrs? 4?

    Seems you need to plan your trading strategy with this in mind.
    Apr 04 11:12 am |Rating: 0 0 |Link to Comment
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