San Francisco Fed Says Stock P/E Ratios Could Be Cut In HalfMark Melin
The statement coming from the Federal Reserve Bank (Fed) of San Francisco might come as a shock to stock market perma-bulls, but certain hedge fund players won’t be surprised, as it’s all part of a mathematical modeling of where this economy could be heading. Updating their previous economic projections, the central bank researchers are nearly cutting in half the forward looking price / earnings ratio . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.