The P/E ratio for the S&P 500 is an absurd 15.74 on forward earnings and the NASDAQ an even more absurd 19.22. Traditional recession level ratios are between 5 and 8 (Source WSJ, 7/21). Considering the spin being put on earnings this week, the potential for a major corrective move to the downside is wide freaking open.
—Welcome to the Eye of the Storm
h/t Survivalblog.
Phil Reads
Enjoy the Decline
Firearms Links
- Alien Gear Holsters
- .308 Ammo Aggregator
- Ammo For Sale
- Ammo Gunbot
- Ammoman.Com
- Ammunition Store
- Boomershoot!
- Brownells
- Cheaper Than Dirt
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- Discover the Network
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- FindTheBest Guns
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- IOR – Valdada Optics
- J & G Sales
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- McMillan Rifle Stocks
- MidwayUSA
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- Numrich Gun Parts
- PrepareNOW Outfitters
- Southern Ohio Gun Int’l Inc
- Springfield Armory
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- Wolff Gunsprings
Second Amendment
- The Sentinel
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- Self Defense: A Basic Human Right
- Cold, Hard Facts About Guns
- Students for the Second Amendment
- National Shooting Sports Foundation
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- Online Carry Training
- NSSF Blog
The fools and their money shall soon be parted….
My HR guy asked me the other day why I wasn’t taking advantage of the company’s 401(k). I’ve worked here for about 2.5 years.
Interesting timing? No, I just know the score.
Bye bye, stock market….
Kyle, I take it you didn’t feel it necessary to inform the HR troop that you ARE investing, in “precious metal”: lead, copper, blued steel…