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Politics : Foreign Affairs Discussion Group

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To: unclewest who wrote (30773)5/26/2002 6:12:40 AM
From: jttmab  Read Replies (1) of 281500
 
what really amazes me is how many folks do not realize that the nasdaq dropped from over 5,000 to under 2500 while clinton was still in office. clinton gets credit for economic prosperity even though the country's stock markets were plunging during his tenure.

Shhh, don't tell anyone that at 1,700 the NAZ is still overvalued. People that measure 'prosperity' of the US based on the value of the NAZ without consideration of the average P/E ratio are pretty simple.

jttmab
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