Dec 17, 2007

Bernie Schaeffer: "Market valuation is quite reasonable"

Market valuation is quite reasonable. Per a article on December 10, the gap between the earnings yield on the S&P and 10-year note yields is the biggest in 20 years, and speaks to the possibility that stocks are, in fact, very reasonably priced at current levels.

~ Bernie Schaeffer, Schaeffer's Monday Morning Comment, December 17, 2007

No comments: