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Source: Chicago Tribune
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By Shaun le Roux This will be my last Angle for the year, and looking back I must reflect on what a year it has been! For a long time, Alphen had been warning that the (excessively) good times on equity markets were not sustainable and that clients should start factoring [...]
Guest contributor Bennet Sedacca argues that stocks are in a structural bear market that will last into the 2010-2012 timeframe. “I believe that earnings will drop faster and that PE ratios will continue to contract until we get to the point of despondency,” said Sedacca. [...] More on this topic (What's this?) East Coast Asset Management's Q4 Letter: Embracing Uncertainty (market folly, 1/26/12) Deutsche Bank Executives Decides to Choose Asset Management Sale (ValueWalk.com, 1/12/12) East Coast Asset Management on the Fear of Bubbles: Q3 Letter (market folly, 11/9/11) | ||||||||||||||||||||||||||||||||
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