Monday, October 27, 2008

Stat of the Day: S&P500 Earnings Yield hits 10.76%

Doesn't take long for the yield to soar from the report I posted last week. We'll keep hammering home this theme that the market continues to be the cheapest valuation that we've seen in a very long time. Not much to follow up on this theme as this measure continues to be at the exact inverse of the 2000 bubble. Hmm....

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