Word: cheapness
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Coal remains cheap and plentiful in the U.S. (as long as no price is put on carbon emissions), and its supporters argue that "clean coal" will solve the pollution problem. But it's not clear what they mean. "Clean coal" can refer to new technologies that remove pollutants like soot and sulfur dioxide from the waste process, or it can mean capturing and sequestering the carbon burned in coal. The former exists--the Dominion plant is a good example--but the latter does not. And a new report by the International Energy Agency noted that research for sequestration projects remains...
...Interestingly, at least as many said they are worried there will be another terrorist attack in the U.S. Then again, who would say no to this question? Worry is cheap...
...that stock valuations look cheap," says Sam Stovall, chief investment strategist at Standard & Poor's. "But if the earnings portion of the price-to-earnings ratio is in question, then how can you say stocks are attractive...
...making this year to get devalued assets off their books and you wind up with a projection of $48.52 a share for the collective bottom line of the S&P 500, and a p/e of nearly 20. That means stocks would have to fall considerably more before they appeared cheap...
...cover. Standard & Poor's recently polled stock analysts and found that together they believe the companies in the S&P 500 will earn $94.24 a share in 2009 in operating earnings. Not bad. By that measure, the S&P index has a p/e of 10.3, which is historically very cheap. Back in the late 1990s, the index...