Valuation is Not a Catalyst [Premium Subscribers]
Weekly updates on the innovation economy and market commentary.
Key Insight: Often, valuation is not a catalyst for future price movement.
Today’s newsletter sources 3 charts from JP Morgan Asset Management’s recently-updated “Guide to the Markets” Report and provides a series of observations on relationships between P/E Ratios and the S&P 500 Index.
While the P/E Ratio [P/E = price per share / earnings pe…