My rants and raves on politics, Peak Oil and anything else that comes to mind.
posted by Weaseldog @ 11:05 AM
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It's all good, never better. Buy stocks. Booyah!That is all.
[thought u might like this.]
[this is even better. S&P 500 P/E = 723]
From [zerohedge]It was a short 5 days ago that we wrote about CNBC's misrepresentation of this earnings season as a stellar success for companies. Earnings and revenues were down 32.4% and 15.1% then. Since then the economic situation has deteriorated even more: as of today earnings were down 33.4% and sales have declined 17.4%, respectively, quarter over quarter...
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