Stock Prices Pull Ahead of Profits: Break From Cyclical Valuation Patterns? [View article]
I know historically we are not at extremely low P/E ratios. However, with all the capital in the market and all the capital on the sidelines, I think the demand for stocks will drive P/E ratios up through 2007.
Stock Prices Pull Ahead of Profits: Break From Cyclical Valuation Patterns? [View article]