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View Diary: Ben Bernanke Says He's Sorry, And He Won't Do It 'Again' (220 comments)

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  •  Hmm. (2+ / 0-)
    Recommended by:
    fladem, buckstop

    Please cite evidence that the current PE ratio of the S&P 500 is approximately 148-150.  I don't buy it.  The historical average is about 15-20 and right now I am pretty sure we're in that range.

    •  Federal Reserve info (0+ / 0-)

      In every cry of every man, In every infant's cry of fear, In every voice, in every ban, The mind-forged manacles I hear

      by Areopagitica on Sun Nov 29, 2009 at 08:18:29 AM PST

      [ Parent ]

      •  That spike suggests to me (0+ / 0-)

        that something is off with the data or perhaps we have a bunch of companies that are earning next to nothing, so their P/E's are sky high.  So Citi's PE ratio is bsically infinity, because it lost money.  It's stock price is still fair.

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