Stocks Look Cheap Based on Jeremy Siegel’s Trendline

By on January 24, 2009

Peter Brimelow and Ed Rubinstein report that Jeremy Siegel has demonstrated that stocks are 43% below their long-term trendline. This exceeds the discount to trend of 41% that was reached in 1974.

Sources:

http://clusterstock.alleyinsider.com/2009/1/stocks-keep-falling-is-this-a-bottomless-market

http://www.marketwatch.com/news/story/market-bottom-sight-again/story.aspx?guid={EA94AC84-50FB-4C77-A107-FAB68B606D03}&dist=msr_1

***

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>