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What’s Driving S&P 500’s Forward P/E?

There is an inverse correlation between the forward P/E of the S&P 500 and both the 10-year US Treasury bond yield and the comparable TIPS yield.

Ed Yardeni Ed Yardeni · · 2 min read
What’s Driving S&P 500’s Forward P/E?
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Stock Market
Ed Yardeni
Ed Yardeni

Dr Ed Yardeni is the President of Yardeni Research, Inc., a provider of global investment strategies and asset-allocation analyses and recommendations.