Markets Turn from Economy to Earnings, and Is Nelson Peltz Right About Disney? 1/12/23
CNBC's "Fast Money"
00:00
What Sectors Are Most Vulnerable?
Peter Bookvar of Bleakly.com: I still think 13, 14 times is where it's going to eventually end up. The price to sales ratio on the S&P 500 is pretty much the same where it was in March 2000. It won't take a whole heck of a lot of just a kind of economic malaise for us to get earnings closer to $200 times 17.
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Transcript
