2015 Caused An Earnings Rift, Too

By |2016-04-19T12:32:02-04:00April 19th, 2016|Economy, Markets, Stocks|

As the major stock indices overtake or threaten psychological round numbers again (S&P 500 2,100; DJIA 18,000), they have done so with the same problem as occurred in 2015. Stocks have been overvalued for some time in historical comparison especially after QE3 and QE4, but it was supposed to be in anticipation of the full recovery that QE would make. [...]