Speculation

Just a little perspective. The trailing 12-month P/E based on reported earnings of the Russell 2000 as of this morning stands at 80.19, down from a peak of 85 or so.

And Janet Yellen says there’s no bubble? That’s either a deliberate lie or professional incompetence. Your choice.

Post a comment or leave a trackback: Trackback URL.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: