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market1 min readSource: The Loadstar
Timmer: Balancing Act
FIDELITY‘s Jurrien Timmer writes: From playa decompression to P/E compression As has been the case for a few weeks now, the relative calm of the headline S&P 500 (SPX) masks quite a bit of…
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FIDELITY‘s Jurrien Timmer writes: From playa decompression to P/E compression As has been the case for a few weeks now, the relative calm of the headline S&P 500 (SPX) masks quite a bit of turbulence underneath. The index is only 1% below its most recent all-time high as earnings continue to boom and margins continue to rise (and credit spreads remain well-behaved). Yet less than half the stocks in the S&P 500 are trading ... The post Timmer: Balancing Act appeared first on The Loadstar .