January 9, 2011

THE OPPOSITE OF A BUBBLE:

Goldman predicts 1,500 for S&P 500 (Sam Mamudi, 1/09/11, MarketWatch)

They noted that, while the economy was 16% larger at the end of 2010 than at the end of 2005, the S&P 500 was just 1% above the level of year-end 2005.

Posted by Orrin Judd at January 9, 2011 9:46 AM
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