Sunday, January 9, 2011

Economists at Convention See US Decline, China Rise - CNBC

We previously announced, we have come to the same conclusion, having reviewed the key economic drivers including real unemployment, commercial and residential real estate, real interest rates (achievable by consumers) and energy (supply, demand and price) metrics. We maintain our position that nothing has changed in U.S. Economy to support a sustained equity market rally. Institutional and retail capital has been deployed at very high price to cash flow levels in U.S. equities, or in simplistic terms, investors continue to overpay for equities as measured by the major indexes.See Weblink- http://www.investorideas.com/companies/NaturalGas/Karl_Miller/news/12301.asp Economists at Convention See US Decline, China Rise - CNBC

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