Retired CEO of CHIPPEWA PARTNERS, Native American Advisors, Inc., now managing the Parisian Family Office. A White Earth Chippewa, raised conservative, growing up in the poorest county in the U.S. on the Pine Ridge Indian Reservation, he began a Wall Street career in 1982. Always been, will always be, an optimist. In a world on a dopamine binge, this is his take on life from Ghost Ranch in MT, Pamelot, his TN farm or their home in San Jose del Cabo, Mexico.
Wednesday, December 14, 2016
Yellen Fed Speak aka bullshit................
Normal ranges??? I believe it's fair to say that Yellen is either under duress, a bold face liar, or completely clueless.
28 P/E totally normal. As is 3 times book value. Highest price to sales ever. Earnings yield below 4%.
I can't think of anything more normal than that for stocks.