Midday Factoid: Market About to Hit 22x Forward P/E

The S&P will likely hit 880 today. Based on a conservative 2009 S&P earnings projection of 40, this implies a 22x forward multiple, which is a realistic 80% premium to the past 130 years' historical average of 12x. If only the economy could now just jump right to 2017 when the depression is hopefully over and the mutiple has some sort of vaguely remote credibility.

Just saying.

Comments

[sampak101]

I really like your way of expressing the opinions and sharing the information. It is good to move as chance bring new things in life, paves the way for advancement, etc.
1Y0-A19 ///
NS0-154 ///
642-982 ///
642-874 ///
JN0-660 ///
642-437 ///
SK0-003 ///
70-659 ///