All posts tagged "1974 discount"
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Stocks Look Cheap Based on Jeremy Siegel’s Trendline
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 ***
- Posted January 24, 2009