Aug 22 2009
S&P 500 Over Priced: With 97% of Companies Reporting Q2 Earnings the PE Ratio is Now at 129. The Most Over Hyped Market Rally Ever.
There is probably no better indicator of market volatility than the current price to earnings ratio of the S&P 500. The market volatility is spectacular and we are seeing more gyrations in this recession than we did during the Great Depression. Since March when the S&P 500 touched the 666 mark, the rally has boosted [...]
Jul 19 2009
Negative Equity Nation for 1 out of 5 Homeowners: The Psychology of the 10 Million American Homeowners with Zero Equity.
Recent data suggests that the number one factor for walking away from a home is negative equity. For us to understand this dynamic, it is important to understand why someone would leave a home with a mortgage. According to the U.S. Census Bureau some 51.6 million owner occupied homes have a mortgage. This is data [...]
