Hacker News new | ask | show | jobs
by diogenescynic 1265 days ago
Isn't the S&P 500 down like ~22% YTD?
2 comments

Down -22% and PE ratios still hover around 19ish indicating that the market is expecting a soft landing.

If I remember correctly the market is expecting earnings of the SP500 to _grow_ by 5% next year

Who cares? It's all funny money anyway.