2min chapter

Animal Spirits Podcast cover image

Talk Your Book: The Buy-Write Strategy 

Animal Spirits Podcast

CHAPTER

Are We Going to Have a Recession?

I'm not sure we've actually been in the bear market yet, to be honest. Earnings are likely going to come down as well and we're entering a recessionary environment. I wouldn't at all be surprised if we have a negative earnings year. So what kind of multiple can you put on that? Right now, if earnings do come down, then the market's trading closer to 20 times earnings.

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