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Stocks Have Outgrown The Economy

Thursday, May 3, 2012 - 4:50 AM
From SmartMoney Real-Time Advice blog
Ominous Sign? U.S. stocks are worth more than GDP. In the past, that accompanied the 2000 dotcom bubble and the 2006 housing bubble.

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It could get ugly if stocks (including those dividend stocks) have another major crash.
4
Ken TuminKen Tumin5,469 posts since
Nov 29, 2009
Rep Points: 125,053
1. Thursday, May 3, 2012 - 12:27 PM
Is this the Greenspan Contrary Indicator (GCI) at work once again?

http://www.bloomberg.com/news/2012-05-01/greenspan-says-u-s-stocks-very-cheap-likely-to-rise.html

http://globaleconomicanalysis.blogspot.com/2012/05/contrary-indicator-alert-greenspan-says.html?x#echocomments
2
ShorebreakShorebreak2,604 posts since
Apr 6, 2010
Rep Points: 14,109
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