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https://ycharts.com/indicators/sandp_500_pe_ratio_forward_estimate

Does that mean stocks are getting cheaper even though prices are rising? Is it just an artifact of the tax cuts getting incorporated into forward earnings? What's the interpretation here?

On this basis one could say stocks are cheaper than they were in 2016...



Submitted February 14, 2018 at 12:20AM by mikhael4440 http://ift.tt/2nY9K0G

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