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Analysis-Reopening rally? Speculative bubble? These days, it's hard to tell | Hellenic Shipping News Worldwide

Analysis-Reopening rally? Speculative bubble? These days, it’s hard to tell Surging U.S. stocks are stretching equity valuations near their highest levels in years, leaving investors to determine whether the rally signals a coming economic rebound or an asset price bubble in the midst of a global pandemic. After a 15% year-to-date rally, the S&P 500 trades at 22 times forward earnings, compared to a historical average of 15.3 times, according to Refintiv Datastream. The technology sector, whi...
United States Jerome Powell Walter Todd Rosalba Obrien Keith Lerner Refintiv Datastream

Analysis: Reopening rally? Speculative bubble? These days, it's hard to tell | WKZO | Everything Kalamazoo

By Lewis Krauskopf NEW YORK (Reuters) - Surging U.S. stocks are stretching equity valuations near their highest levels in years, leaving investors to determine whether the rally signals a coming economic rebound or an asset price bubble in the midst of a global pandemic. After a 15% year-to-date rally, the S&P 500 trades at 22 times forward earnings, compared to a historical average of 15.3 times, according to Refintiv Datastream. The technology sector, which accounts for nearly 28% of the inde...
United States Jerome Powell Walter Todd Rosalba Obrien Keith Lerner Refintiv Datastream
Source: wkzo.com

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