Stock Market Viewpoint

Stock Market Viewpoint
Reading the Tea Leaves...

Sunday, April 3, 2016

Are the S&P 500 Stocks Cheap?

There are some permabulls out there this weekend pushing the idea that the S&P 500 is cheap at this juncture.  The following chart shows S&P's current PE using GAAP accounting (not Proforma, mickey mouse, etc).

Every investor should decide for himself if that chart says cheap or insanely overpriced. 

Trade well my friends


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