RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:s&p futures are way downIt’s a potential bubble.
If earnings rebound in 2nd half 2016 and 2017 and there is also minor pull back, the PE will get back to low 20’s. No bubble
In 2000, the PE ratio hit 43, with the expectations that earnings would follow. This was bubble.
The financial sector mostly has low PE ratios.
Amazon is sitting at a PE Ratio of 300. Facebook at 70. Netflix at 340. If the tech sector doesn’t deliver, we could be looking at a major correction