S&P 500 Valuation Slips 19% Below 2011; Patience Is Advised – BusinessWeek
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S&P 500 Valuation Slips 19% Below 2011; Patience Is Advised
BusinessWeek The S&P 500 is trading at 12.9 times profits in the last 12 months, compared with 15.9 times in February 2011, data compiled by Bloomberg show. For bears, the decline in valuations shows the weakest recovery from any recession in seven decades has … |
