[Freedom_Is_Not_Free]

Your comments are noteworthy. I’ll only add that P/E ratios are not particularly low or compelling to buy. Earnings are going steadily down, so it is not as if the P/E ratios are continually getting better and better. I don’t think equities are all that cheap right now and I don’t expect them to be until the economy begins to pick up and earnings begin to rise. The economy is hurting and I think it could be a year or more before earnings really begin to pick up, if at all. The cost of everything but labor is rising, and that has to be eating into earnings as well.

I agree with everything you said, but had to add my take on the P/E ratio of the markets.

[bruinbirdman]

"I’ll only add that P/E ratios are not particularly low or compelling to buy."

S&P 500 P/E is in pink. It is now at a 10 year low and has trended down for 6years.

yitbos