HomePerspectives Perspectives Midday Factoid By Ilene February 6, 2009 0 228 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 Connected149,550FansLike396,312FollowersFollow2,640SubscribersSubscribe Latest Articles Charts PSW’s Weekly Webinar: $700/Month Portfolio Review & Q4 Earnings Update Markets Manufacturing Construction Spending Declines Under Trump Markets Flip Flop and Friday – TERRIBLE Jobs Numbers Save the Market Markets Jeffrey Epstein’s Money Mingled With Silicon Valley Start-Ups Markets The rise and fall (and rise again) of gold prices – what’s going on? Markets Farcical peace talks continue in Abu Dhabi as Ukraine shivers under Russia’s winter onslaught Markets Why futuristic, tech-centred ‘smart city’ projects are destined to fail Markets Crypto Takes a Deep Slide Despite Trump’s Support Markets The jobs market is starting to show hard-to-ignore cracks Markets A High-Stakes Poker Game for Control of the World’s AI Crown Market News Why corporate America is mostly staying quiet as federal immigration agents show up at its doors Markets Thursday Thoughts from the AGI Round Table – AI Infrastructure and “Sticker Shock” Market News How Jeff Bezos Brought Down the Washington Post Markets ICE and Border Patrol in Minnesota − accused of violating 1st, 2nd, 4th and 10th amendment rights − Load more