Miner Company
The Stock Market Is Whistling In The Dark
Despite the US and world economies being hit by an unusually serious oil, natural gas, and food price shock, over the past month the S&P 500 index has declined by only 7.5 percent from its all-time high. That leaves equity valuations more than 50 percent above their long-term average.
Despite the US and world economies being hit by an unusually serious oil, natural gas, and food price shock, over the past month the S&P 500 index has declined by only 7.5 percent from its all-time high. That leaves equity valuations more than 50 percent above their long-term average.