Roger's 1998 Short Picks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Roger's 1998 Short Picks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Pancho Villa who wrote (6896)	4/14/1998 12:28:00 AM
From: Oeconomicus	of 18691

SF Fed says "Stocks not risky"! That's the way this market is likely to read this: biz.yahoo.com Monday April 13, 5:22 pm Eastern Time SF Fed's report--U.S. stock mkt levels "very high" By Jose Paulo Vicente NEW YORK, April 13 (Reuters) - U.S. stock market levels are currently very high, suggesting investors no longer see equities as a relatively risky bet, a senior official at the Federal Reserve Bank of San Francisco said in a report. ''Even without a further earnings squeeze in 1998, the level of the stock market is very high,'' Jack Beebe, director of research at the San Francisco Fed wrote in a report published Monday on the bank's World Wide Web site. ''It's quite likely that investors no longer see equities as relatively risky and that we have entered a new era of high P/Es (price/earnings ratio) that could extend for some time,'' he said, adding that the Japanese stock market fit the same profile before 1990.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next