Economic Misdiagnosis Due to Government Stimulus
Oct 28th, 2009 | By Dan Amoss | Category: Featured, Macro Economics, Personal Investing
Most money managers have misdiagnosed what’s currently driving the global economy. The multiple that investors are willing to pay for next year’s earnings means more than any sentiment polling.
The forward P/E multiple on the broad stock market is not nearly as high as it was during the Internet bubble, but ...read more
