Saturday, August 15, 2009

U.S. Stocks Are ‘Dramatically Overpriced


U.S. Stocks Are ‘Dramatically Overpriced


Aug. 14 (Bloomberg) -- U.S. stocks are “dramatically overpriced” because the fallout from the financial crisis will continue to hurt consumer spending, said David Tice, Federated Investors Inc.’s chief portfolio strategist for bear markets.

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Nick Sorrentino is the Editor of The Liberty and Economics Review and CEO of Exelorix.com a social media management company.