RICHARD RUSSELL "THE VALUES AREN'T THAT GOOD"

5 July 2011 by Cullen Roche

http://pragcap.com/richard-russell-the-1-reason-to-be-underweight-equities

"Richard Russell’s latest letter is something that most investors can probably empathize with to some degree. While it’s clear that the equity markets are in the midst of a bull market, it’s less clear whether now is still a good time to be buying. Russell, while acknowledging that this is certainly a bull market, prefers not to be overweight equities for one single reason – the values just aren’t that good"