Friday, February 6, 2009

Midday Factoid: Market About to Hit 22x Forward P/E

The S&P will likely hit 880 today. Based on a conservative 2009 S&P earnings projection of 40, this implies a 22x forward multiple, which is a realistic 80% premium to cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 past 130 years' historical average of 12x. If only cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 economy could now just jump right to 2017 when cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 depression is hopefully over and cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 mutiple has some sort of vaguely remote credibility.

Just saying. Sphere: Related Content
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4 comments:

Anonymous said...

You are saying right.

Three months ago, pundits were gassing that up to 2 million jobs might be lost in 2008. Nope. Try 3.5 million. 600,000 lost in January and accelerating. Employment lags GDP, so Q1 figures will be a bit shocking.

Perfect time for a rally!

Peatey said...

just as reasonable as stocks up while cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 bond down on cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 same issuer.

C. Fischer said...

This rally is one of cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 dumbest things I've ever seen.

Anonymous said...

+1