even by lowest standards and even the lowest standard I hold for the FED

http://www.zerohedge.com/news/2014-07-16/janet-yellen-opens-mouth-epic-stock-market-fairly-valued-fiasco-ensues

The P/E is as high as nearly ever.

So if the the head of the most influential central bank world word, does not get that right. Then we’re sure in tales land.

I still can’t believe what she is saying about it. It’s denying in it’s most cruel-  form.-  And that will fire back, one can be sure about it.