What Exactly Is The S&P 500’s (Actual) P/E Ratio, Anyway?

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Quick – what’s the current P/E ratio of the S&P 500? Standing in line today at lunch, waiting for my chicken pita, I was checking Wall Street’s closing numbers on my Android, reading about how stocks haven’t been this cheap since the early 90’s – and thought whhhhhat? The S&P price to earnings multiple is […]

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