In a well-supported article by zerohedge.com, the author suggests a â€śfixâ€ť to the current problems with price-to-earnings (P/E) multiples.Â Among the questions answered are:Â Can P/Es tell us anything about stock valuations during periods of earning recessions?Â Is a bear market closer than we think?Â If so, when is the best time to buy?Â What do todayâ€™s inflated valuations mean for long-term returns?Â Why a ...Read more ›
Watch Out, Wall Street! Â The Federal Reserve, a Primary Banking Regulator, is Trying Harder to Spot Speculative Excesses Peter Eavis at The New York Times Dealbook reports:Â In a speech on Thursday, governor Jeremy C. Stein, who joined the Fed last year, focused on parts of the financial markets that show signs of overheating. He went into considerable detail, citing metrics that appear designed to spot bubb ...Read more ›
IRS: Cheapest Obamacare Plan Will Be $20,000 Per Family â€”IRS Report, HuffPo, Catholic News, Yahoo! Answers, Economonitor. JofA Explains Details.
Details Found in IRS Explanation Issued Wednesday; $20,000 Figure Based on a Family of Four. Â In aÂ final regulationÂ issued Wednesday, January 30, 2013, the Internal Revenue Service (IRS) assumed that under Obamacare the cheapest health insurance plan available in 2016 for a family will cost $20,000 for the year. Â Â Under Obamacare, Americans will be required to buy health insurance or pay a penalty to the I ...Read more ›