>WSJ, July 17, 2002
Market Medicine: Investors Look
For a Cure to the Stock Malaise
By E.S. BROWNING and GREGORY ZUCKERMAN
Staff Reporters of THE WALL STREET JOURNAL
What will it take to get stocks moving up again? <
why should stocks move up, anyway? it seems to me that the price/earnings ratio is already too high, by historical standards, so if prices go up the ratio will be worse. Instead of the revival of a bear market, this suggests that what the "market" needs is a slow decompression.
JD
- [PEN-L:28118] N-L:28114] Investors make beeline for Bank of China's IPO, pms Wed 17 Jul 2002, 16:53 GMT
- [PEN-L:28116] The market as a preference aggregator? (again), Devine, James Wed 17 Jul 2002, 16:01 GMT
- [PEN-L:28115] RE: The market as a preference aggregator?, Devine, James Wed 17 Jul 2002, 15:50 GMT
- [PEN-L:28114] Investors make beeline for Bank of China's IPO, Ulhas Joglekar Wed 17 Jul 2002, 15:32 GMT
- [PEN-L:28113] RE: The outlook for US securities, Devine, James Wed 17 Jul 2002, 14:58 GMT
- [PEN-L:28112] The outlook for US securities, Louis Proyect Wed 17 Jul 2002, 14:35 GMT
- [PEN-L:28111] Re: Re: Kagarlitsky on Russian Consciousness, Waistline2 Wed 17 Jul 2002, 14:32 GMT
- [PEN-L:28110] talk about a revolving door!, Devine, James Wed 17 Jul 2002, 14:22 GMT
- [PEN-L:28109] Re: Kagarlitsky on Russian Consciousness, Waistline2 Wed 17 Jul 2002, 13:12 GMT