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Not All Bad News

Wall StreetToday’s article explains why there might be a light at the end of the tunnel for investors. Here’s what they had to say, “The S&P 500 Index is currently trading at about 15 times the earnings analysts expect constituent companies to post over the next year, according to FactSet. This reading on this popular measure of valuation, known as “forward P/E,” compares to a 15-year average forward P/E ratio of 15.7.
Of course, the conclusion gleaned from a historical comparison depends on the timeframe considered.” To read more, CLICK HERE.