This thought from Henderson Global Investors reflects the Sentiment of the Day'Equity markets had gone up a lot and almost uninterruptedly since last June and some markets had perhaps become a little expensive, creating the right climate for a fall.'Yes operating earnings look great, arguably never better. Nonetheless, valuations are more than a 'little expensive' and there is no 'perhaps' about it. John Hussman of Hussman Funds explores this idea, along the the Yen Carry Trade and OPM (Other People's Money) in Rapunzel Gets a Trim
Following are a few charts of interest for February 27, 2007.Click on any chart for a better view. NYSE Declining VolumeNYSE Advancing VolumeNYSE Declining IssuesNYSE Advancing Issues$Nasdaq Declining Volume$Nasdaq Advancing VolumeNasdaq Declining IssuesNasdaq Advancing IssuesVIXVXN BEA 4th Quarter GDP 1st Estimate 0.7% Q&A: Why Did GDPNow Rise After Durable Goods? When are Construction Revisions Coming? The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a position in any company or advertiser referenced above. Any acti...
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