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. 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