The P/E ratio on the S&P 500 Index for 1998and 1999 was 30 or higher. Other things

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The P/E ratio on the S&P 500 Index for 1998and 1999 was 30 or higher. Other things equal,would this indicate a good time to buy stocks fora multi-year holding period, or not?

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Microeconomics Theory and Applications

ISBN: 978-1118758878

12th edition

Authors: Edgar K. Browning, Mark A. Zupan

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Posted Date: Jan 18, 2021 05:08 AM

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The P/E ratio on the S&P 500 Index for 1998and 1999 was 30 or higher. Other things

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No its not a good time to go for long term investments w... View the full answer

Microeconomics Theory and Applications

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