RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:s&p futures are way downp
Steven1 wrote:
Apart from destroying it’s tourist industry and any chance of foreign investment, the attempted coup will have no impact on the markets.
US earnings will dominate the markets this week. So far it’s not looking any better that Q1 and nowhere near 2014/early 2015. The Shiller PE ratio for the SP is at 27. A normal PE ratio is around 20
The PE ratio can go down in two ways: 1) Increase in earnings 2) drop in the markets
It seems as though no bad news can bring the S&P down.