Archive for December 3rd, 2008

Daily Archive
Wednesday, December 3rd, 2008

Zim dollars no good for toilet paper!


The sign below was photographed at the Beitbridge border crossing between South Africa and Zimbabwe.

Source: Unknown
 
Did you enjoy this posting? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.
 

No Comments » - Posted in Humor by Prieur du Plessis
Wednesday, December 3rd, 2008

US stock market returns – what is in store?


Based on a multi-year comparison of the price-earnings (PE) ratios of the S&P 500 Index and the forward real returns, investors should be aware of the fact that the stock market is by historical standards only in “average value” territory. As far as the market in general is concerned, this argues for unexciting long-term returns, possibly a “muddle-through” trading range for a number of years to come.

4 Comments » - Posted in Investment, Markets, Money by Prieur du Plessis