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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Maurice Winn who wrote (17137)3/21/2002 10:05:39 AM
From: LLCF  Read Replies (1) of 74559
 
<But with life expectancy over 80 years for people with money who are 50 years old, 2% isn't all bad. Especially since that's a figure during a big panic and falls in profit. As the economy recovers, the P:E will rapidly
fall.>

Or.... as interest rates rise, the PE will rapidly fall :)

I like your new 'life expectancy' twist for being bullish... so which data for historical PE averages do we ignore???

DAK
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