Carney’s Globalist Agenda will Destory Canada
COMMENT: Carney is lying about everything. He is telling people the US is over and Canada will now lead the world. Anyone can look up the facts. U.S. total trade is [...]
Yield v Reason
QUESTION: I see all of these people calling for a major crash of 50%+. With interest rates so low and the dividends on the Dow twice that of interest rates, does anyone look at yield anymore?
PH
ANSWER: I fully agree. The yield on the Dow Jones is 2.34%, which is about comparable the 10-year rate. Back in 1983, I presented these two charts that show the earnings and book value of the Dow Jones Industrials. The majority were calling for a crash and our computer warned of a Phase Transition and a 600% rise in the Dow. I was blamed for creating the takeover boom, but it was clear that the earnings were at least 5% and the stocks were trading out of a major historical low on price v book value. So earnings do come into the mix.
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RLA Radio Interview
Dennis Tubbergen hosts Martin Armstrong, founder of Armstrong Economics, on RLA Radio. Click here to tune in.
Canada – the Reality from a Canadian
COMMENT: By almost any metric, Canada is worse off than it was 10 years ago when the Liberals took power. Canadians are poorer. Public services have deteriorated. People are dying [...]
