companies have reported a combined $237 in earnings per share over the last 12 months , while the street expects another $263 in EPS over the next 12 months .
But PE ratios don’t tell the whole story. You have to compare the asset class to alternatives. In this case, fixed income. If we look at the equity risk premium , we see that treasuries are about as attractive as stocks for the first time since the 2008 financial crisis. Investors are probably fed up with treasuries. They’ve underperformed for a couple of years as rates rose. I’d urge you to consider the purpose of bonds. They are not for growth, they are to help offset the losses during a deflationary bear market. If you’ve ditched your treasury bonds, you now have no protection against the inevitable storm.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »
Source: NBCLA - 🏆 319. / 59 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »