Nice job! If you ever read Asimov’s Foundation series, his character Harri Seldon was a scientist who invented psychohistory (a mathematical model by charting past events one could predict the future). Likewise if you read Leviticus 25:8, the year of the Jubilee and look at the panic of 1837 and apply the 50 year increment, we are not due for such cataclysm until the next decade.
S&P 500 PE 1930-2009 - Aaron Skloff, AIF, CFA, MBA - CEO Skloff Financial Group - Presentation Transcript
S&P 500 Needs to Rise Over 22% to Return to the 1930-2008 PE Average
www.skloff.com
Normalized P/E Ratio uses 5-year average annual reported earnings. December 2008 P/E level incorporates Standard & Poor’s earnings estimates. Recessions defined by
National Bureau of Economic Research.
Source: Standard & Poor’s, National Bureau of Economic Research, Haver Analytics, FMRCo (MARE) as of 3/31/09.
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