Archive for November 11th, 2008

Daily Archive
Tuesday, November 11th, 2008

Living in a PCC World


By Jeremy Gardiner
It’s been a very difficult year. But no matter how hard the first half of the year was, the third quarter was worse. And it’s by no means over yet. The extreme market moves of the past two months led to a new term being phrased, appropriate across the globe. [...]

No Comments » - Posted in South Africa by Prieur du Plessis
Tuesday, November 11th, 2008

How low, how bad, how long?


A fair bit of deliberation has taken place on this site regarding stock market valuations, and specifically what is in store for the “E” component of PE multiples. In order to cast light on this matter and to incorporate insightful research into the valuation debate, I have obtained republishing permission to share with readers a study just published by John Hussmann.

2 Comments » - Posted in Investment, Markets, Money by Prieur du Plessis
Tuesday, November 11th, 2008

Living on a prayer


“Markets are sliding down the ’slope of hope’. The biggest problem in the markets at present is that earnings estimates are woefully too high. This is otherwise known as a ‘value trap’,” said guest contributor Bennet Sedacca in an article dealing with the valuation of the US stock market.

1 Comment » - Posted in Guest Bloggers, Investment, Markets, Money by Prieur du Plessis