Replies to post #2585 on Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

I'll repeat what I have been saying for a long two years plus now "It is the valuation, stupid". There are stocks where the valuation is coming back in line, like some drug companies, take MRK wich just reentered the Core yesterday, it has a dividend of 3.16%, a PE of 14%, it is not yet a "tremendous" value (and bear markets create many tremendous values), but it surely is better than short term treasuries or MZM.

Zeev