tag:blogger.com,1999:blog-6616959642391988608.post1949204348265101534..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Pity the Chinese (update)Scott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6616959642391988608.post-89133238781882862252013-01-23T18:52:15.584-08:002013-01-23T18:52:15.584-08:00Hi Scott - Thanks as always for great data and cha...Hi Scott - Thanks as always for great data and charts. Just a minor point, I don't think you can logically add a 7% earnings yield to a 7% historical price appreciation to get 14% potential return. Even if past history repeats, I think the numbers just don't work that way. That's kind of like double counting. The historical price appreciation has partly been fueled by the earningsSDHhttps://www.blogger.com/profile/01681474314097558883noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-66887409934080311272013-01-23T14:39:35.371-08:002013-01-23T14:39:35.371-08:00Darn Apple Computer. The market will open way dow...Darn Apple Computer. The market will open way down tomorrow. The price has stopped at 10% down. At least for now. I hope it recovers a lot before dawn. I don't own it but I own the market on a short term trade. It will take a lot of profti away.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-37548581101354636542013-01-23T14:24:36.355-08:002013-01-23T14:24:36.355-08:00Are we still 1000% long AAPL?Are we still 1000% long AAPL?Gloeschihttps://www.blogger.com/profile/10705125909506053628noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-45451769781080942422013-01-23T13:21:07.611-08:002013-01-23T13:21:07.611-08:00Fabulous insight.
Unfortunately, with China not b...Fabulous insight.<br /><br />Unfortunately, with China not buying more Treasuries, the Fed will replace them. The U.S. is hell bent on increasing the money supply even if foreigners won’t provide it. I know. Increased imports from China increases the money supply. And in a really good way because the flow is to the private sector not the government.<br /><br />In 1985 MZM was 24% of GDP.<br /Anonymousnoreply@blogger.com