Thanks to Al Korelin and company for this week posting a clip of my interview for The Korelin Economics Report in October. It is interesting to see how all of the economic headwinds we were concerned about a few months ago are acclerating into 2008. Continued caution is needed for a while longer yet, as some of the credit default themes have only just started.
Follow
_________________________
Cory’s Chart Corner
Sounds like he's saying big FAT sustainable dividends lie near the bottom. Yummy!
Paul Tudor Jones in an Interview with Patrick Oshaughnessy sums up and connects the valuation pieces of the overall market well:
“We’re 252% of stock market cap to GDP. In 1929 we were 65%. In 1987 we got to ~85-90%. In 2000, 170%.
If you think about the periodicity of
