HomePerspectives Perspectives Midday Factoid By Ilene February 6, 2009 0 226 FacebookTwitterPinterestWhatsApp Might make you think. Midday Factoid: Market About to Hit 22x Forward P/E Courtesy of Tyler Durden at Zero Hedge The S&P will likely hit 880 today. Based on a conservative 2009 S&P earnings projection of 40, this implies a 22x forward multiple, which is a realistic 80% premium to the past 130 years’ historical average of 12x. Just saying. Share FacebookTwitterPinterestWhatsApp Subscribe Login Notify of new follow-up comments new replies to my comments Please login to comment 0 Comments Inline Feedbacks View all comments Stay Connected149,663FansLike396,312FollowersFollow2,640SubscribersSubscribe Latest Articles Market News Trump’s demands put Europe in FAFO territory Hot Items Trump’s Letter to Norway Should Be the Last Straw Hot Items Trump’s Greenland ambitions could wreck 20th-century alliances that helped build the modern world order Markets The Crisis of Truth in American Politics Market News Why “taking over” Greenland would be illegal, foolish — and strategically beneficial to Russia Market News Euro Pain From Trump Limited by US Asset Exposure, Deutsche Says Market News Jerome Powell’s Thankless Rescue of Trump Market News Iran’s latest internet blackout extends to phones and Starlink Market News Cracks Begin to Appear at the Nation’s Biggest Banks Market News Trump buys $1m in Netflix and Warner Bros bonds days after saying he’ll ‘be involved’ in merger Market News Europe vows ‘firm’ response to new Trump tariffs over Greenland Markets Must Read Market News: PhilStockWorld’s Weekly Wrap-Up Markets Something Is Rotten in the State of America Market News How Crypto Is Used for Political Corruption Load more