Tag Archives: P/E multiples
P/E Multiples, Deleveraging and the Big Experiment: Sizing Up the Next Bear Market
We last wrote about stock valuation in August, when we looked at three types of P/E multiples and argued that stocks were more stretched than you would think if you only relied on the simplest measure. Since then, we’ve had … Continue reading
Stock Prices Are Outrunning Corporate Profits: When Has This Happened Before?
In a recent article titled “Step Right Up and Test Your Central Banking Skills against the Scariest Economy of All,” I encouraged readers to: [Apply] your economic and policy beliefs to early 1928 conditions, and then [ask] how your decisions … Continue reading
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Tagged Ben Bernanke, Benjamin Strong, corporate profits, P/E multiples, wealth effects
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