The trailing 12-month P/E ratio for
SPX
of 19.9 is below the 5-year average (22.6) and below the
10-year average (20.5).
earnings |
00:01 -
31/01/23 |
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Central banks this week will likely raise interest rates to
levels not seen since the financial crisis |
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Fed
raising rates but financial conditions now as easy as before
the Fed started hiking. (Apollo's Torsten Slok) |
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European natural gas prices slip again as the return of
milder weather in the continent keeps a lid on heating
demand |
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US economy expanded at 2.9% annual pace from Oct-Dec, ending
2022 w/momentum despite pressure of high interest rates &
widespread fears of a looming recession. Decelerated from Q3
3.2% annual growth rate |
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