“New York Fed economists Fernando Duarte and Carlo Rosa are out with a new article on Liberty Street Economics titled, ‘Are Stocks Cheap? A Review of the Evidence.’ The answer: judging by the equity risk premium (ERP), stocks are about as cheap as they’ve ever been. The last time the Fed said something so bold was when in 2004 when NY Fed economists wrote that there was no housing bubble.”
http://www.economicpolicyjournal.com/2013/05/fed-economists-stocks-are-cheapest.html
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
The Crime of "Vice Enforcement"
Culpeper Cop Who Shot and Killed Patricia Cook Sentenced to Three Years in Prison
Coinlab to incubate Bitcoin startups
Jeff Sessions Should Ask Cancer Patients about Cannabis
Google Glass-wearing moviegoer interrogated by Homeland Security
Leetcoin Lets You Play Games Competively for BTC
McCain: We’ll make border with Mexico look like ‘the Berlin Wall’
ACLU sues US govt for making entire state of Michigan a ‘border zone’
Canada's Marc Emery is a Man on a Mission
"Polish" Death Camps and Censorship's Unintended Consequences
Voluntary Tax Disclosure Programs Correlated With U.S. Citizenship Renunciations
Rise of Private Security Is Citizen Response to Declining Police Service
Get ready for Washington’s “Automatic IRAs”
How the Top 5 PC Makers Open Your Laptop to Hackers
South Korea 'has very strong concerns' the US might strike North Korea