tag:blogger.com,1999:blog-6616959642391988608.post2421922387605134680..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Thoughts on the rallyScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-6616959642391988608.post-19938363120972022132011-02-21T15:28:46.673-08:002011-02-21T15:28:46.673-08:00Good post Scott builds on many other good and at t...Good post Scott builds on many other good and at times brave posts last couple of years. I would be interested on your views re The Aus economy where I am - seems ideally placed to continue to benefit from chinaindia gwth etcAusGarryhttps://www.blogger.com/profile/00982840554018022451noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-17885892243997102132011-02-19T01:44:36.816-08:002011-02-19T01:44:36.816-08:00I agree with Scott Grannis' sentiments almost ...I agree with Scott Grannis' sentiments almost exactly in this post.<br /><br />The market is not overvalued, and investors are gaining confidence. <br /><br />I see a long, long rally ahead, globally.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-73507114560199855152011-02-18T12:59:23.333-08:002011-02-18T12:59:23.333-08:00Gold is gold. All gold looks the same. It either g...Gold is gold. All gold looks the same. It either goes up, down, or sideways.<br /><br />Interest rates on Treasury bills and bonds either go up, down, or sideways. <br /><br />But, individual stocks are so much different than bonds or gold. And plenty of shares of many individual company have done extremely well over the last 10 years, even if the indices seem to be flat.<br /><br />If you lookLorihttps://www.blogger.com/profile/01438039963046848511noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-75351389806010073732011-02-18T10:18:02.394-08:002011-02-18T10:18:02.394-08:00Now do remember what Sir John Templeton said...&qu...Now do remember what Sir John Templeton said..." Bull Markets<br />mature on optimism and die on euphoria".....broderohttps://www.blogger.com/profile/12296214283216386700noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-38983275813522579352011-02-18T09:54:04.103-08:002011-02-18T09:54:04.103-08:00Take this ratio of 2 numbers..S&P 500 / M2 or ...Take this ratio of 2 numbers..S&P 500 / M2 or 1340/8874 = .1510<br />make it 15.10 to look easy. This ratio over the last 52 years has averaged 14.80 but over the last 52 years the Baa yield has averaged<br />8.55. When the Baa yield is low (below 7%) the S&P 500 /M2 ratio<br />is higher....certainly higher than it is today...like I have been saying<br />QE2 is a sideshow and the focus broderohttps://www.blogger.com/profile/12296214283216386700noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-29446510329566928982011-02-18T09:36:00.989-08:002011-02-18T09:36:00.989-08:00For the last ten to twelve years equities have not...For the last ten to twelve years equities have not been the preferred asset class for most investors. For two or three of those years it may have been near the top, but in my opinion something else had always been ahead of it. Real Estate, gold and other precious and semi precious metals, bonds..especially treasury and high grade corporates, and municipal bonds..particularly among high net worth Johnhttps://www.blogger.com/profile/11652253509768573561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-9785142253292615452011-02-18T07:47:11.307-08:002011-02-18T07:47:11.307-08:00nowhere to go but up.nowhere to go but up.septizoniomhttps://www.blogger.com/profile/14253705209662419429noreply@blogger.com