Relevant:
- How Long Can Stocks' P/E-Multiple Expansion Outlive Declining Earnings and Companies' Financial Engineering?
- Multiple Jobholders Responsible for Majority of "Full-time" Employment Growth
- Paulsen: "Stocks Are Massively Overvalued", Key Multiples Are Post-War Records
- Stock Market Warning Siren is Blaring
- Earnings vs. Profits & The Bull Market - End of the Rally, or Beginning of New Leg?
2015-05-22 — tumblr.com
``Despite no earnings growth since January of 2014, the S&P 500 is up 15% since then. Â It has moved from an already high multiple of 18.5x to an even higher multiple of 21.5x.''
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