Hi , don’t say STE never give “kang-tao” or tips , you know what this number meant for right ! Hahaha... just kidding.
Congratulation ! for those who have invested in US market , especially those in tech sectors like FANGs .
Yes !!
· The equity bull market is now the longest on record, at 3,453 days.
· The benchmark S&P 500 has surged a whopping 323% over the period.
· As traders celebrate the feat, they have four main drivers to thank: earnings growth, share buybacks, extended monetary accommodation, and a buy-the-dip mentality.
<image credit:BusinessInsier.com>
But what about the valuation ? is current bull runs supported by earning ,which is the most important criteria in long term market growth.
Current PE for SP500 seems at higher side and pointed to an over-valuation.
Current Shiller PE Ratio: 33.29 +0.00 (0.01%)
3:45 PM EDT, Tue Aug 28
Mean:
16.56 ......
