11 June, 2015 at 6:39 am in Buy & Sell
Demand sided economics ie: John Maynard Keynes who based his Demand sided model on 200 years of banking data. Remember Keynes was an Exchequer. Compared to Supply siders who at best use 10 years? Without demand there can be no supply boom (free willing credit flowing) and bust (middleclass timberland uk is totally over leveraged by predatory practices) cycles since 1980's are all based and modeled.
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Yes, the yield is attractive, but to pay so dearly is unwise. Factor in the miserly hike in the recent payout and you can see why cheap air max it so ridiculous to buy this stock at the current valuation. Previous articles in this series contain stocks paying 4% and above and at fair valuations..
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