The Enterprising Investor’s Guide 2-9-09
February 09, 2009 at 15:09 PM EST
The price-to-peak earnings multiple advanced to 9.7x this week as last week was a good one for equities with stocks up more than five percent, which broke a streak of four straight weekly declines in January. The equity rebound was certainly welcome, but much of the recent optimism in the market is related more [...]