Tom Petruno

S&P 500 P/E Ratio

bespokeinvest.com — The S&P 500's P/E ratio has been seeing some pretty rapid expansion this year as the market ha...

Remember This Moment

thereformedbroker.com — "There may be more beautiful times, but this one is ours." - Jean-Paul Sartre It isn't necessary to imagine the world ending in fire or ice. There are two other possibilities: one is paperwork, and the other is nostalgia. -Frank Zappa I want to you stop, take a breath and consider this moment we're in.

Consumer Price Index Summary

bls.gov — Last Modified Date: March 16, 2012

The rich can save Social Security, by giving up their checks

washingtonpost.com — In the aftermath of 9/11, many young, strong Americans enlisted, willingly agreeing to sacrifice their lives if necessary to protect our country's interests. Today's wealthiest Americans have the same opportunity to put their country's interests before their own. Politicians should not shy away from asking them to put forth not their lives but what are, for them, their modest Social Security checks.

When Gold Falls Out of Favor, Look Out Below

blogs.wsj.com — People buy copper or gasoline when they need to make pipe fixtures or drive a car. People buy gold because they want it. As the gold market is finding out, when investors don't want it, look out below.

Japan’s Economy Grew More Than Forecast 3.5% in First Quarter

bloomberg.com — Japan's economy expanded more than analysts estimated in the first quarter as consumer spending and exports climbed. Gross domestic product rose an annualized 3.5 percent in the three months through March, the most in a year, the Cabinet Office said today in Tokyo. The median of 36 economist forecasts in a Bloomberg News survey was 2.7 percent.