HomePerspectives Perspectives Midday Factoid By Ilene February 6, 2009 0 216 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 Connected149,820FansLike396,312FollowersFollow2,510SubscribersSubscribe Latest Articles Hot Items The Streaming Wars and Affordability Market News Trump’s Pressure on Ukraine AI The AI Energy Economy — Part 4: Merchant Power, Nuclear Scarcity, and AI Contracts Markets Friday Morning Report: Post-Fed Rotation and AI Reality Check Charts PSW’s Weekly Webinar: Fed Rate Announcement & Trade of the Year Candidates AI The AI Energy Economy — Part 3: Industrial Automation, Cooling & Controls AI The AI Energy Economy — Part 2: The Pick-and-Shovel Suppliers Powering AI Electrification Charts PSW’s Weekly Webinar: Watch List Review Markets Post Fed Thursday – Sorting Out the Signal Beneath All the Noise AI Will “AI euphoria” crash the markets? AI The dangers of unchecked AI AI Something Ominous Is Happening in the AI Economy AI ‘Godfather of AI’ warns of existential risks Market News It’s official: Trump wants a weaker European Union Load more