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Recent Market Commentary: 5/16/13   Why We Remain Bearish 5/9/13   The Market Is Facing Deteriorating Fundamentals 5/2/13   Excessive Household Debt, Low Savings Rate Still The Major Problem 4/25/13   The Noose On The Economy Is Tightening 4/18/13   Substantial Evidence Of An Economic Slowdown 4/11/13   Blind Faith In The Fed Is Not Enough 4/4/13   A Topping Pattern In The Market Is Underway 3/28/13   Happy Easter 3/21/13   The Market Is On Shaky Grouind 3/14/13   The Case For A Triple Top 3/7/13   It's 2000 And 2007 All Over Again 2/28/13   Death By A Thousand Cuts 2/21/13   Sometimes you CAN "Fight the Fed" 2/14/13   CURRENCY WARS WILL ONLY GET WORSE 2/4/13   This Week's Comment will be a Special Report on Home Page 1/25/13   There will be no Market Commentary this week or next week. Please read our "Special Report" "The Consumer, the Debt, and Competitive Devaluation" on the right side of our home page. 1/17/13   Market Strength Based On Dubious Assumptions 1/10/13   The Disastrous Consequences Of Not Raising The Debt Limit 1/3/13   The Difficult Part Is Still Ahead 12/27/12   Happy Holidays    Next >> Search Archives: We wrote a special report titled "What is the Real P/E?" back in February of this year which most of you read (on the left side of our home page).  Barron's magazine has decided to print this article in "Other Voices" this weekend, so we updated the report to reflect the most recent P/Es for the earnings reductions.  This can be seen in Barron's this weekend, but we will reproduce the report for you tomorrow night on this website.  We hope you will enjoy reading it again with the new revised numbers.

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