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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: ild who wrote (26365)2/14/2005 12:40:31 AM
From: ild  Read Replies (2) of 110194
 
This Week: February 14, 2005
Bad Finance
One of the interesting aspects of the S&P 500's return to 21 times record earnings is the gradual reemergence of bad finance. Various late 90's valuation models that properly vanished during the 2000-2002 plunge are being pulled out of the dirt like artifacts from an archaeological dig.
By John P. Hussman, Ph.D.
hussmanfunds.com
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