The S&P 500 has traded about 16 times its forward looking earnings in the last 25 years. The challenge is twofold one, we're in a world much lower interest rates now than we've historically been over the last 25 year. And secondly, if the p 500 is comprised of companies that are far less capital intensive, tand generate higher profit margins,. That's the storyos monsieur alande as doe earnings justify the high prices? I actually think they do.
Dr. Tom McGinn, Executive Vice President at CommonSpirit Health, discusses the impact of new COVID19 cases on hospital capacity. Bloomberg Businessweek Editor Joel Weber and Bloomberg Opinion Columnist Justin Fox share Justin's Businessweek Magazine story A Lot of Us Are Back in the Office. These Folks Are Staying Home. Bloomberg News Vancouver Bureau Chief Natalie Obiko Pearson has Bloomberg's The Big Take story on why economists say levies on vacant homes are largely political theatre, and policymakers need to tackle other factors such as supply-demand imbalance to solve the global housing problem. And we Drive to the Close with Alan Zafran, Co-CEO at IEQ Capital.
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