Investors often rely on earnings multiples to gauge a stock's valuation. Comparing price-to-earnings (P/E) multiples is a good way to see how expensive one stock is relative to another. Tech giant Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) looks cheap right now based on its P/E ratio, but that can be a little misleading. Read More...
Bloomberg
Volcker Lesson to Generation QE: Stock Recoveries Can Take Years
(Bloomberg) — Around Columbus Day, 1979, Paul Volcker, newly installed as head of the Federal Reserve, embarked on the crusade that made him a legend: a no-holds-barred campaign to beat back inflation. On Wall Street, it took the better part of three years to recover.Most Read from BloombergMusk Revives $44 Billion Twitter Bid, Aiming to Avoid TrialLoretta Lynn, Coal Miner’s Daughter And Country Queen, DiesElon Musk Sets Off Uproar in Ukraine by Tweeting His ‘Peace’ PlanStock Shorts Fold in Bes