Thursday , 22 February 2018


Stock Indices

Beware: Russell 2000’s True P/E Ratio Is 78.7, NOT the 20 to 26 Bandied About

stockcrash-2

The Russell 2000’s true P/E today is higher than it was at either the top of the internet bubble or the 2007 bull market peak. That’s important information in light of the Russell 2000 dropping below its 200-day moving average. Rather than providing a floor underneath the index, its true valuation will be exerting a force towards even more declines.

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