Replies to post #120156 on Zeev's Turnips Patch-No Politics (ZEEV)

[augieboo]

it's not showing that things are "almost like the 30's"

Nope. It's not intended to, either.

I posted it in response to your claim that the bottoms of a bear markets are characterized by PEs in single digits.

I think the evidence shows that your statement is one of those commonly held beliefs which does not withstand close scrutiny.