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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Giordano Bruno who wrote (70657)10/29/2007 9:55:28 PM
From: RealMuLan  Read Replies (2) | Respond to of 116555
 
I read at least 160 Chinese companies earning growth for Q3 was >100%

So what is the P/E in SP and Nasdaq for US companies with similar high growth rate?

I do not know much about others, I know AAPL is 47, RIMM is 80, and neither of them grow as much as 100%

Same as the US stock market, more and more money in China's stock market now is chasing small number of stocks.

Don't get me wrong, I agree the Chinese stock market is overvalued. But it is NOT necessarily much more overvalued than the US market if considering the growth factor.



To: Giordano Bruno who wrote (70657)10/30/2007 1:23:41 AM
From: roguedolphin  Respond to of 116555
 
What is the proper P/E for the U.S. stock market considering "real world US interest rates" may be around -8% to -9%...(negative 8 to 9 percent)?????

Bubble time???

Can you imagine the bloodbath though if the Fed ever raised rates here??? EVERYONE is on the inflation side of the trade it seems right now.

Too bad they just got rid of the NYSE "circuit breakers".....LOL!

Just food for thought.

Rogue