Peripatetic1618

Does Valuation Mean Anything?

Thanks for the comment. The chart in the link seems to indicate that the S&P tracks earnings. S&P 500 earnings rising corresponds to stock prices rising. Earnings top corresponds to stock prices topping. The two lines in the graph earnings and prices move in unison. Earnings may not have predictive power because earnings are no more predictable than stock prices.


idea of earnings driving the broad stock market is a myth. The
> peak in the earnings growth cycle is as likely to indicate the cyclical
> peak in stock prices is drawing near.
>
> www.elliottwave.com/r....;rcn=aa50a&dy=...

More than 126,000 new consumer bankruptcy cases were filed in July - up 34% year/year and the most since October 2005, when Congress enacted bankruptcy reform making the process more difficult.

Bankruptcies are already discounted in the stock prices? Reduction in excess capacity? Voice of reason explain away....


On Aug 05 10:10 AM Vox Rationalis wrote:

> On Aug 04 04:37 PM obamaphobe wrote:

How to Invest in the Coming Demographic Shift

China's one child per family may cause the population to stagnate?

More than 7% of U.S. homeowners are now behind in their mortgage payments, Equifax says, an increase of 58.4% from a year ago. Meanwhile credit card accounts dropped to 365M from a peak of 440M as firms have sucked more than $600B out of the system.

On Jun 12 01:47 PM sickofthehype wrote:

> a year ago are people that have been specifically told by their lender
> to go late in order to qualify for any type of modification program.

Legality?