I saw an article arguing market p/e ratio average 22 is high and margin borrowing chasing the high multiple market has risen to an all time high of +/- $1.5T: meaning traders are borrowing more for higher risk returns. Interesting.
S&P and NASDAQ roared today. Crude oil had a strong influence today. At one point there was a sudden price drop in crude futures that corresponded to a sharp spike in SPX and NDX. Some new headline about Iran resolution... probably an overreaction.
I saw an article arguing market p/e ratio average 22 is high and margin borrowing chasing the high multiple market has risen to an all time high of +/- $1.5T: meaning traders are borrowing more for higher risk returns. Interesting.