Business Insider |
JPMorgan's Tom Lee Now Has The Most Bullish Stock Market Forecast On Wall …
Business Insider Since 1950, equity P/E has been consistently and logically higher than investment-grade P/E. Since 2009, however, as shown in Figure 13, the S&P 500 P/E has been stable at around 13X- 14X for the past 3 years and trades at a steep discount to both … |