Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Hello Shares Shavers. We’re constantly reminded these days that most of the world is faltering economically. You may be fed up with my view that this pessimism is being overdone by the markets. But if you disagree with me on that front, you’ll perhaps concede that Britain and the USA are still doing rather well. Our recent GDP records seem to bear this out.
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Comments
D_Stone
I thought this was too bullish for Tom. :)
Please update to reflect that the author is Malcom !!
Tom Winnifrith
good spot folks, author amended to malcolm, Not only am in not in the habit of visiting the punters return but i do not think a PE of 22 is terribly good value