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« Kobi Alexander Nabbed in Namibia | Main | The Dow & Terrell Owens » September 27, 2006 Irrational Pessimism?While the Dow is flirting with a new all-time high, the S&P 500 is still about 12% below its all-time. But what about earnings?
No wonder private equity is booming! Profits are up 57% since the market's peak in March 2000. The market's P/E ratio has nearly been cut in half. Posted by edelfenbein at September 27, 2006 3:04 PM |
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