The Market Is Worth 10, 15, Or Even 20 Times Earnings
- Monday, March 12, 2018, 16:46
- Market
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Yes! Yes! No! Freud once called himself ‘One of those who have disturbed the sleep of the world.’ Today, it’s Trump’s turn. While you’ll find a solid consensus on earnings advancement for the S&P 500 Index, there’s near dead silence on an appropriate multiplier, the P/E ratio.
https://www.forbes.com/sites/martinsosnoff/2018/03/12/the-market-is-worth-10-15-or-even-20-times-earnings/?ss=markets