Monday, April 26, 2010
Bloomberg: Stocks cheapest in decades
April 26 (Bloomberg) -- Even after the biggest rally since the 1930s, U.S. stocks remain the cheapest in two decades as the economy improves.
And now, Jeremy Grantham, who has been relentlessly bearish, now says that Bernanke's flawed policies could send the market to new highs. (Only to crash afterwards!) But you have to register first, to read his prose. So so you don't remind him!
The market's Goldman correction lasted all of two days. Even I thought that would would be more. Greece? That just got worse, and our market kept going higher.
So where are all those who were warning us about Greece and its contagion on stock prices?
Hiding! And reading Dow 36K!
Posted by Palmoni at 7:29 AM