Tag Archives: S&P 500 earnings
This “Non-traditional” Valuation Measure Carries 3 Messages about U.S. Stocks
[S]tock prices have risen pretty robustly. But I think that if you look at traditional valuation measures, the kind of things that we monitor, akin to price-equity ratios, you would not see stock prices in territory that suggests bubble-like conditions. … Continue reading
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Tagged Greenspan/Bernanke puts, Janet Yellen, non-traditional valuation measures, price-to-earnings, S&P 500, S&P 500 earnings, traditional valuation measures
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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
