The S&P will likely hit 880 today. Based on a conservative 2009 S&P earnings projection of 40, this implies a 22x forward multiple, which is a realistic 80% premium to cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 past 130 years' historical average of 12x. If only cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 economy could now just jump right to 2017 when cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 depression is hopefully over and cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 mutiple has some sort of vaguely remote credibility.
Just saying.
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Friday, February 6, 2009
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4 comments:
You are saying right.
Three months ago, pundits were gassing that up to 2 million jobs might be lost in 2008. Nope. Try 3.5 million. 600,000 lost in January and accelerating. Employment lags GDP, so Q1 figures will be a bit shocking.
Perfect time for a rally!
just as reasonable as stocks up while cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 bond down on cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 same issuer.
This rally is one of cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 dumbest things I've ever seen.
+1
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