24-May-11 News -- Multiple financial crises in Europe

[John]

24-May-11 News -- Multiple financial crises in Europe affecting stock prices

Tobin's Q and Shiller's CAPE show market overvalued by 60-75%

** 24-May-11 News -- Multiple financial crises in Europe affecting stock prices
** http://www.generationaldynamics.com/cgi ... b#e110524b


** 24-May-11 World View -- Violence grows in Yemen
** http://www.generationaldynamics.com/cgi ... 24#e110524

Contents:
"Multiple financial crises in Europe affecting stock prices"
"China's economy facing inflation and sluggish growth"
"Tobin's Q and Shiller's CAPE show market overvalued by 60-75%"

#### World View - Violence grows in Yemen
"Violence grows in Yemen after Saleh again refused to resign"
"Pakistan in shock again over attack on Karachi naval base"
"U.S. Supreme Court orders massive prison inmate release in California"
"France and Britain to deploy attack helicopters in Libya"

Keys:
Generational Dynamics, Greece, Italy, Belgium, Spain, Tobin's q,
Shiller's CAPE, China

Keys:
Generational Dynamics, Yemen, Ali Abdullah Saleh, Hashid tribe,
Mehran base, Pakistan, Karachi, California, France,
Britain, Attack helicopters, Libya

[OLD1953]

I fully agree on the financial picture, the market is hugely overpriced, and I can't see how it can hold up. OFC, I've been aghast over the massive stimulus funds poured out for nothing else but keeping the market up, it should have declined to the 2500 range in 08, not risen to 12K+.

It is a truism of investment markets that nobody wants the good investments. Stocks will be a GREAT long term investment, when the market bottoms out below 3500. And nobody will want them.

The threat to forcibly make Greece divest public corporations may still have teeth in it, and might well lead to military actions. This is still ongoing. The EURO may well fail or devalue within months. Could it be possible to set up a two tiered EURO? Such things have been done before.

I wonder how many people would care if the California prison headline was changed to read "State will release all prisoners convicted of non violent drug offenses, technical statutory rape and will deport all released illegal immigrants to Cancun"? (for those who don't know, Cancun is as far away from the US border as you can get and still be in Mexico - by a land route) A lot is in the presentation, LOL.