Is Mauldin still bearish?

[10/23/06] With the market setting new highs, Mauldin reiterates his bear case made in his book, Bull-Eye Investing.

[5/10/06] Over the next 10 years, Mauldin would choose U.S. Treasuries over U.S. stocks. He thinks their 5% yield would outperform the S&P over the next decade. But he also sees opportunities overseas.

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[5/5/06] Is (the widely-read columnist) John Mauldin still bearish?

The answer is pretty much yes.

He makes a good case. Based on the current p/e (or the p/e that he chooses to use), the market is in the highest quintile which has historically led to 0% returns.

Of course, he's been bearish at least since 2002 when the S&P 500 bottomed at 800. It's now at 1300.