Archive for December, 2006

Complacent Bulls Now Turning Omnipotent

Wednesday, December 20th, 2006

I guess I winced a little when I heard a guest money manager on CNBC proclaim that, stocks are cheap in comparison to real estate and bonds. In a non-psychedelic world of reality, I would next want to hear that money manager concluded therefore, that the prices of houses and bonds needed to fall. And […]