S&P 500 PEG Ratio has never been higher since 1985
$S&P 500(.SPX)$ Aside from the economic turmoil during the March 2020 Covid Pandemic, the S&P 500 PEG Ratio has never been higher (since 1985).And most think EPS estimates are still too high. So, the only thing that could change this is much better earnings in 2H23, which seems like a stretch, but maybe what market is telling us…
Do you think that we should manage our expectations going fwd or hope that rosey EPS expectations from Wall Street are sandbagging everyone?
https://twitter.com/Marlin_Capital/status/1628787074378739713
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Hi