From EconomPic Data

From Greg Mankiw

I was looking at the ratio of the price of gold relative to the price of silver last week. 

Serendipitously, Bespoke offered up a chart of the gold/silver ratio a few days ago.  This is the chart.

Over at The Big Picture, Barry Ritholtz makes this point.

On a trailing one-year basis, that puts the Price to Earnings Ratio (P/E) at over 19 as of today.  This does not make the market cheap.

And what about 2009? Again, the analysts are in a race to find the bottom.

From Bloomberg

From The Wall Street Journal

As if life wasn't tough enough for chief executives of real-estate companies struggling with the recession, they are also having to cope with price swings in their stocks, which normally are relatively stable.

That is making it harder for them to do deals, raise capital, attract institutional investors and compensate employees.

From Ghana, via Division of Labour

From Bloomberg

Putting long-term economic growth in perspective at Economic Principals

From Martin Neil Baily and Matthew Slaughter in The Wall Street Journal.