posted on Feb, 9 2009 @ 11:20 PM
There is a lot of reading to this story so I'll just post the reasons..
U.S. Home Prices Continue to Fall
The Current Crisis Is GLOBAL, Hitting The Whole World Simultaneously And Providing No Outside Support To Offset U.S. Domestic Weakness
Based on Earnings, Stocks Are Still FAR From Cheap
Based on Dividend Yields, U.S.Stocks Are Equally Overvalued
Earnings Are Falling, and Doing So Conspicuously!
Earnings Will STAY Depressed Longer Than Usual!
Debt and Leverage Are Gone!
The Undeniable History of Speculative Bubbles
By: Money and Markets Monday, February 09, 2009 10:39 AM