Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
Stocks are an amazing choice RIGHT NOW.
I’d say that they are worth owning today. But I would not say that they are an amazing choice.
We have as a nation of people permitted the Buy-and-Hold stuff to get out of hand and stocks are priced dangerously today. I would like to see us all pull together to get that horrible CAPE value down.
Do you consider today’s CAPE value of 35 acceptable? I do not.
Rob
It is amazing that you are broke and divorced and still waste your time posting the same crap, expecting different results.
To my mind it’s amazing that I pointed out the error in the Greaney retirement study on the morning of May 13, 2002 (it lacks a valuation adjustment) and it has not been corrected to this day.
Rob