The 2900 was really referring to the average of multiple different valuation statistics. Right now P.E. on the S&P 500 is about 17 or about 17.5. We've been doing it for decades using five-year normalized earnings. Is there anything different about this market environment other than we're coming out of a pandemic that none of us have lived through before?
Joe Kudla, Founder and CEO of Vuori, discusses the company's investment from Softbank and the brand's growth strategy. Bloomberg Businessweek Editor Joel Weber and Bloomberg Markets Magazine Editor Christine Harper discuss Paul Volcker's inflation fight. Jackie Davalos, Bloomberg Technology Reporter, talks about Uber and Lyft following the Department of Labor's latest gig-worker rules. And we Drive to the Close with Leuthold Group CIO, Doug Ramsey.
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