OTCQB:UEXCF - Post by User
Post by
ustockson Apr 23, 2022 12:56am
200 Views
Post# 34625770
more losses to come / Bloomberg
more losses to come / Bloomberg
``While the run of losses shows Fed hawkishness starting to bite, the damage remains but a flesh wound when considered next to most measures of valuation -- a sign that could signal more losses to come. At 22-times earnings and almost 3 times sales, the S&P 500 is still valued at about 60% more than U.S. gross domestic product, higher than any time before the pandemic.``
https://www.bloomberg.com/news/articles/2022-04-22/stocks-succumb-to-bond-market-rout-as-fed-inflation-hawks-circle?srnd=premium-europe