Archive for April 1st, 2008

Apr 01 2008

The Great Depression Redux

Published by Ed Murphy under Articles of Interest

The London Independent leads with the headline “The Great Depression” today.
1.1 million Ohio residents alone recieve food stamps, nearly 10% of the Ohio population, and more are elegible.
…and this is no April Fools.

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Apr 01 2008

Gold Investments Market Update

Published by Mark O'Byrne under Market Updates

Gold
Gold is down in Asian and early trading in London this morning. Gold was down $14.40 to $916.20 per ounce in trading in New York yesterday while silver was down 62 cents to $17.16 per ounce. The London AM Gold Fix at 1030 GMT this morning was at $897.00, £453.90 and €572.32 (from $937.25, £472.17 […]

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Apr 01 2008

Are equities cheap?

Published by Marc Westlake under WealthN

Equity and Bond investments relative value
Equities (as at 31/3/2008)

Equities

Level

Change YTD

Div Yield

P/E

ISEQ

6153

-11.3%

3.3%

7.0

FTSE100

5693

-11.8%

4.3%

11.4

S&P 500

1315

-10.4%

2.3%

19.9

EuroStoxx 50

3030

-17.8%

4.5%

10.3

Nikkei 225

12800

-16.3%

1.7%

14.2

Source: Dolmen Securities Ltd

Are equities cheap?
The P/E ratio of equity markets should be an indicator of fair market value.

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