Many, if not most, of the corporate stocks are trading with a PE in the 60s. That can’t be maintained, I see a correction into the teens where it should be. At least that is where I positioned myself. We’ll see.
“Many, if not most, of the corporate stocks are trading with a PE in the 60s. “
—————————hmmm-——————————
S&P 500: 24
Dow 30: 24
Dow Transportation: 16
Russell 2000: 29
Nasdaq 100: 31
“Many, if not most, of the corporate stocks are trading with a PE in the 60s. That can’t be maintained, I see a correction into the teens where it should be. At least that is where I positioned myself. We’ll see.”
S&P 500 forward P/E: 22
Russell 2000 forward P/E: 18