Looking at valuations, the P/E on next year’s S&P 500 earnings estimate is 16.2. That is right in line with the S&P long-term average of 16. That on its face seems bullish to many investors, that stocks are “not overbought” so to speak. Remember though, that 16 is the long-term average P/E meaning it is…
Author: Wyatt
Every week there is discussion about the Fed, and when they will interest rates or if they ever will raise rates. Here’s what I think. Rates will eventually rise. Rates will eventually “normalized” levels. Wow, groundbreaking stuff Sherlock Holmes. More important than when it happens is what that means for investors. Currently the interest rate yield curve…