(1) Lowering our S&P 500 target to flat for the year. (2) Rodney Dangerfield and valuation. (3) A brief geopolitical history of the S&P 500’s P/E. (4) A round-trip from Carter to Obama? (5) An inverse relationship between gold’s real price and stock valuation. (6) Political leaders gone wild. (7) What will Bernanke do for an encore? (8) Despite booming profits, employment indicators remain anemic.
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