The Market Is Worth 10, 15, Or Even 20 Times Earnings

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.March 12, 2018 at 05:46PM

via Forbes Real Time