Is Apple Stock Cheap? – The Fallacy of PEG Ratios

WHAT IS THE PEG RATIO? In case you have never come across this quaint, and potentially dangerous, little valuation shortcut, let me provide a brief overview.  The PEG ratio compares the price to earnings (P/E) ratio of a business to its expected future growth rate...

Chinese Inflation is Overflowing

China’s People’s Bank announced this morning that it is raising bank’s reserve requirements for the second time this year.  Again, this is to help stave off inflation in China.  The specifics of this move on the part of China’s banking...