This is one of the things I will be discussing at the Berlin Conference:
Comparing the 1982 Bull Market with the 2009 Rally>
Rally Comparison 1982 2009 P/E Multiple 8X 26X Dividend Yields 6% below 2% Book Value Discount to Book 2X Premium Monetary Policy Reducing money growth and inflation rates Creating money growth and inflation rates Fiscal Policy Aimed [...]On the heels of the status quo G20 meeting over the weekend that has hit the US$ today and buoyed commodities, the implied inflation rate in the 5 year TIPS is rising 8 bps from Friday to 1.86% (vs 1.72% one week ago), matching the highest level since Sept 1st [...]
You have to love the silliness that surrounds supermarkets in Australia. The current silliness relates to food price rises. According to Frank Zumbo the supermarket “duopoly” is responsible for Australia’s food price inflation rate being higher than the Britain over a ten year period (even though the Australian rate [...]
