Daily Archives: July 20, 2012

No, stocks aren’t cheap

“According to Lincoln Ellis of the Strategic Financial Group, the P/E game is a sham, starting with the notion that 14x is a genuine average. “That multiple is really only indicative of the last 25 years” Ellis says in the … Continue reading

Posted in Main Page | 3 Comments

Ghosts of bubbles past

Source: Bloomberg An encouraging revelation is now underway in southern Ireland: they are admitting the mistakes made in their housing bubble and finally getting to work clearing out the debris. I am reminded of similar steps taken in Las Vegas … Continue reading

Posted in Main Page | 4 Comments