Sam Altman Pushes Plan For Backdoor Government Backstop By Handing Out Small Equity Stake To Americans

Market Valuation: Expensive CAPE Or Cheap PEG? Authored by Michael Lebowitz via RealInvestmentAdvice.com, The S&P 500’s Shiller CAPE ratio just hit 41. Since 1881, the market valuation has been more expensive under CAPE only once. That was during the final months of the dot-com bubble. At the same time the CAPE is ringing warning bells, the PEG ratio, which measures price relative to expected earnings growth, is at its lowest level in at least three decades, possibly its cheapest reading ever. One market valuation says run for cover while another says bargain....

Preview And Watch Live: Kevin Warsh Speaks At Sintra ECB Forum Watch live here: Today’s main event takes place in Sintra, Portugal and the ECB’s annual symposium, where Warsh joins President Christine Lagarde and Bank of England Governor Andrew Bailey at 9 a.m. New York time.  Bloomberg Economics expects Warsh to strike a carefully balanced tone after signaling different messages to hawks and doves at the June FOMC meeting Courtesy of Newsquawk, here is a prime of what to expect at the Sintra panel featuring Fed’s Warsh, ECB’s Lagarde, BoE’s Bailey & BoC’s Macklem,...