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To: MythMan who wrote (254370)8/6/2003 1:40:00 PM
From: yard_man  Read Replies (1) | Respond to of 436258
 
I s'pose we could get by with a small selloff like that ...financials don't look all that hot though.

As far as the bond rally goes ...

Seems like a pickle for some fixed income guys here, BWTFDIK.



To: MythMan who wrote (254370)8/6/2003 1:44:24 PM
From: Perspective  Read Replies (1) | Respond to of 436258
 
Kudlow's a farking idiot. THIS is what you compare stock PEs to, not treasuries. What a moron.

economagic.com

Corporate debt at 7.0% => 14.3 PE

Stocks are seriously overvalued, end of story.

BC



To: MythMan who wrote (254370)8/6/2003 2:59:38 PM
From: Jeff Jordan  Respond to of 436258
 
You got to remember Kudlow thinks he's 6mos ahead to the market and the market is 6mos ahead of the economy. You got to think ahead a whole year to keep up with him!<g>


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