Bear markets end with dividend yields over 5% and prices at only 5 to 8 times earnings.

Bear markets do not end with stocks still trading at nearly 20 times earnings and the dividend yield barely at 3%. They end with dividend yields over 5% and prices at only 5 to 8 times earnings.

Bear markets end with dividend yields over 5% and prices at only 5 to 8 times earnings.

The Daily Reckoning
Thursday, September 3, 2009
www.TheDailyReckoning.com