Jesse's Café Américain

“A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. For the traitor appears not a traitor; he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murderer is less to fear. The traitor is the plague.” Marcus Tullius Cicero

Showing posts with label SP 500 overvalued. Show all posts
Showing posts with label SP 500 overvalued. Show all posts
23 February 2009

SP 500 Still Overvalued by 46% as Dividends Plummet at Record Pace

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We have not reached a sustainable bottom yet in US equity prices despite the infomercials and chief strategist's exhortations to buy the...
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