Given recent sentiment the dow may reach new highs this week again, but it will be interesting to see how long it takes for people to realize that 5% growth can be had with CASH these days, so stocks with 5% earnings growth are not necessarily worth high P/E ratios.
Sunday, April 22, 2007
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Weekly look ahead
» Weekly look ahead
Weekly look ahead
Given recent sentiment the dow may reach new highs this week again, but it will be interesting to see how long it takes for people to realize that 5% growth can be had with CASH these days, so stocks with 5% earnings growth are not necessarily worth high P/E ratios.