Are Stock Market Valuations At 2008 Levels Yet? – Part 2/2

Are Stock Market Valuations At 2008 Levels Yet? – Part 2/2 by Jun Hao, The Asia Report

A lot of people are commenting on how the Emerging Markets are collapsing. Its not hard to see why with the crazy stock market and impending slowdown in China, instability in Thailand, the corruption scandals in Malaysia and the poor economic outlook of the other countries.

Sell first and think later is the watchword of the day.

And yet, by my measure, emerging market valuations are exceedingly cheap. And if we don’t buy when its cheap, when do we buy?

In the last post, I talked about how looking at the price levels are not an accurate gauge of how “expensive” or “cheap” a...