Professor Elam

Wed March 17 2010

 It is always time to listen to  Jim Rogers, at least when we get the chance. He suggests all the govts in the world have printed all the money they can, in the next pullback they will run out of trees to print money. He last bought stocks in November 2008. Now of course dividend yields average less than 2% and the p/e ratios are 22 for most major averages, not the time to buy or chase stocks. From here the downside outweighs the upside potential.