Equity Valuations Have Improved Dramatically
With the price plunge which started in early October, the P/E ratio of the S&P 500 (using Bloomberg’s measure, which is based on 12-month trailing […]
Calafia Beach Pundit
Clouds And Silver Linings | Seeking Alpha
Markets have been unusually nervous and volatile since late October, driven by fears of an escalating trade war with China, emerging weakness in European economies, […]
The Yield Curve Is Not Forecasting A Recession
By now, most anyone who keeps up with financial matters knows that a flat or inverted Treasury yield curve is a good predictor of an […]