3 ms·
Your chart shows the median P/E of 14.82. That would make us 38.5% over priced based on historical standards. Meanwhile, we just had the most significant unempl
by take_a_breath 6y ago
Your chart shows the median P/E of 14.82. That would make us 38.5% over priced based on historical standards. Meanwhile, we just had the most significant unemployment event in our country’s history.
If you believe economic fundamentals support historically-high valuations, I think it does deserve an explanation.
Forward P/E at highest levels in 18 years: https://markets.businessinsider.com/news/stocks/stock-market-trading-highest-valuation-years-pe-ratio-earnings-unemployment-2020-5-1029197856?op=1 https://markets.businessinsider.com/news/stocks/stock-market...