Description: More than a trillion dollars has been lost on paper since the year began. It was the worst January since 2009 and it was the worst February since 1933 prior to Friday’s rally. But let’s keep in mind the decline follows a P/E-multiple-led advance in the S&P 500 of more than 30% in 2013.
Source: FinancialPost.com
Date: Feb 07, 2014
Link: http://business.financialpost.com/2014/02/07/dont-despair-over-markets-decline-rosenberg/
Questions for Discussions:
- Which metrics are considered most important for understanding stock market behavior?
- What is the advice presented to investors in this report?
Leave a Reply