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World Indices
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Apr 22, 2010 at 07:07 PM |
The general trend is calling for higher equity yields or otherwise said the devaluation of US equities. We forecast that the yield will exceed 9.5% within the next five years. The P/E will eventually sink below 10. US equities are currently trading above 21 and will creep higher thanks to favorable rising profits, but in fact, the US stock market is already 100% above its safe footing. more |