The PE Index No One Wants To Look At
Investors have a tendency to pay too much when things are going well, and sell for too little when the market struggles, so it’s useful to have an idea of how much sentiment is currently built into stock prices. That’s why Citi has been using its Panic/Euphoria index since 2002 to measure sentiment using an array of sometimes contradictory factors. The current level of euphoria implies an 80% chance of a market downturn in the next year, small . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible