This Time Better Be Different

This Time Better Be Different (ZeroHedge, April 7, 2014):

Today’s screengrab du jour comes by way of Bloomberg TV, reminding us that this time better be different, or else (even though as we pointed out the market’s forward PE multiple is now identical to where it was at the last bubble peak). And keep in mind, this is after the not so great momo crash of 2014.

PE irrationality

And now, cue the hypno-toad: “healthy correction… healthy correction… healthy correction”

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.