Source: Bespoke Investment Group
How expensive are stocks?
Its a question that seems to beget many different answers. Too often, the response reflects the responder’s investment posture. If they are long equities, they typically respond by saying “Not very.” If they are short, or in cash or in other risk assets, the answer is the opposite.
For today’s chart, I wanted to look at this question differently, by considering different P/E ratios relative to history. What does looking at P/E ratios over 10, 25 or 85 years do to what is the historical average ? continues here
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.