Feb 2 2010
Stock Market Casino Royale – S&P 500 is overvalued by 100 Percent – Earnings do not Justify Current S&P 500 Levels. Financial Markets setting up for Another Correction.
When I look at the S&P 500 like most people do, you would expect that this wide cross-section of companies in the U.S. would reflect an accurate measure of the true health of industries in our economy. Yet the S&P 500 is fully disconnected from any historical measures of valuations. It is startling to see [...]
Jan 5 2010
Buying a Home in America today is Expensive Thanks to the Banking Sector: Examining Income and Home Prices from 1950 to the Present. Can Home Prices Fall Another 38 Percent?
A question rarely asked regarding the housing market today is whether prices are affordable. There seems to be this implicit belief that because prices have fallen so drastically that they somehow must reflect a bargain. This is not necessarily true. I think in our consumerist society people are conditioned to automatically assume that a lower [...]
