The Bonddad Blog
Still nerdy after all these years
Thursday, January 15, 2015
Herewith a blog post about stock prices that does not predict a crash
- by New Deal democrat
I have a new post
up at XE.com
Investment analysts almost always say that stock prices anticipate corporate profits. History suggests it is the reverse that is actually true, at least in terms of tops and bottoms.
So what does the relationship suggest now?
New Deal democrat