According to Standard & Poor’s, the current P/E ratio on the S&P 500 is 145 times reported earnings. This is a record high which is triple the P/E ratio at the top of the 2000 stock market. In addition, the S&P 500 is 15.39% above its simple 40-week moving average, the highest value since April 1999.
Mmmmmmmmmmmmmm…………..
Till next time,
Bill
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1 comment:
Bill
New to the valley, from Chicago, enjoy your radio program. It is all about the dollar
John
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