Closed-End Fund Commentaries
Apr 11, 2017
Click here to access A Snapshot Of What Investors Are Paying For Stocks
View from the Observation Deck
1. Today’s blog post features a table showing the price-to-earnings (P/E) ratios of a few major stock indices.Our goal is to provide investors with a global perspective on where valuations have been and where they are projected to go.
2. We believe that a 10-year perspective is appropriate because it captures where valuations stood prior to the 2008-2009 financial crisis.