It seems like the wrong time to be buying stocks right now, considering that every day the market hits a new bottom. On Thursday, markets closed at their lowest point in nearly six years, with the Dow Jones Industrial Average finishing the day at 7,552.29. And its not just stocks that are hurting; oil is below $50 a barrel and 30-day Treasury bonds are yielding less than 1% as investors demand safe havens for their money…its ugly on Wall Street, and people’s savings on Main Street have felt the pain.
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Richard Russell: “A hard rain lies ahead”
(Investment Postcards from Cape Town, 7/21/10)
P/E and Dividend Yield Point the Way to Bargains in a Bear Market
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Timing the Market, Part III
(All Allan, 7/20/10)
