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dclarke

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dclarke

Re: None

Thursday, 12/08/2016 5:04:14 PM

Thursday, December 08, 2016 5:04:14 PM

Post# of 432566
The problem with a PE for past earnings is that it usually contains some catch up revenue that is not recurring. That will always keep the PE down because the market is discounting those non-recurring items imo. Not saying that you are incorrect it is probably a combination of the fundamentals/outlook and the political backdrop. Small business optimism is at an 8 year high as well and money is flowing into the market in anticipation of actually growing over 3% for once.

DCLARKE
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