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Green Monster

Summary:
What in the world are these fools discounting? The S&P 500 Index is trading at 36 times trailing-12-month net income, and the Russell 2000 Index is almost literally off the charts. And that’s at the very time Sleepy Joe is pledging to monkey-hammer the American economy with a climate-change dragnet that’ll send growth, productivity, jobs, […]

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What in the world are these fools discounting? The S&P 500 Index is trading at 36 times trailing-12-month net income, and the Russell 2000 Index is almost literally off the charts. And that’s at the very time Sleepy Joe is pledging to monkey-hammer the American economy with a climate-change dragnet that’ll send growth, productivity, jobs, […]
David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

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