Danny ChaiMerc noted yesterday that the P/E ratio of something – the S&P 500? I think that was it. Anyway yeah, the P/E is currently 60, which is the highest it’s ever been, even at the height of the Internet bubble. I dunno, that’s kind of scary.
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Merc noted yesterday that the P/E ratio of something – the S&P 500? I think that was it. Anyway yeah, the P/E is currently 60, which is the highest it’s ever been, even at the height of the Internet bubble. I dunno, that’s kind of scary.