The Market Holds At Eighteen Times Earnings |
April 11, 2017 | April 2017 Bond Updates |
Aside from the 2008 financial meltdown , when the market again sold down below 10 times, normalized valuation conformed to the 15 times P/E ratio. The breakout above 15 didn’t take place until 2015. |
View more at: http://www.forbes.com/sites/martinsosnoff/2017/04/10/the-market-holds-at-eighteen-times-earnings/ |