As we are nearing the end of the second quarter US company earnings season, it is always a good opportunity to pause and reflect on your investment ideas and portfolio positioning.
Although important, the valuation multiple is of less significance over the long run as it is mostly rangebound and will most likely only add/detract a certain amount of performance over the short term. As seen below, the S&P 500 Index PE multiple broadly ranges between 16 and 23 over a period of 10 years .
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む: