Archive for April 29th, 2012

Stock Market Risk Remains at Historic Extreme

Stock Market Risk Remains at Historic Extreme

| April 29, 2012

Mainstream analysts maintain that stocks are “cheap” based on methodologies with very poor long-term performance histories such as the Fed model and forward earnings estimates. They also point to the extreme rebound off of the low in October 2011 as evidence that the economy is gaining strength. However, as we note often, short-term price behavior [...]

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