Using that larger multiplier, we still have a slower rate of growth and not an outright recession.

FORBES: Sequester and the Economic Forecast: Not Much Impact

And when compared to bonds yielding significantly less than the rate of inflation, stocks would appear outright cheap.

FORBES: Brain Damage Might Improve Your Investment Results

On September 6, the ECB outlined its new bond-purchase plan the Outright Monetary Transactions (OMT), that was discussed in Rate Cut Resistant.

FORBES: Capital Punishment and Capitulation: Why Spain will find it difficult to move forward

Specifically, only four of the 35 analysts following CHK rate the shares a Sell, compared to 17 Holds and 16 outright Buy ratings.

FORBES: Chesapeake Energy Sentiment Favors Contrarians Ahead of Earnings

Middle-development countries achieved a slightly lower growth rate, 1.9% a year, but seven out of 34 countries experienced outright declines in living standards.

ECONOMIST: By invitation