For Your Consideration {04.20.12}

-Bespoke charts showing that market PEs across different sectors on a trailing basis have essentially remained unchanged over the past year.  This even after the rally we've seen this year.  This is largely because earnings have continued to increase.  See charts here.  Also see from Seeking Alpha Are- US Stocks Cheap Based On 12 Month Forward PE's

-Monthly Returns During Election Years.

-Epic Chinese Power Struggle-Market Watch

-http://Retail Stock Ownership At Lowest Llevel Since 1998. Seeking Alpha  {You know my opinion on this.}

-Opinion Journal's Peggy Noonan America's Crisis Of Character