Lies and Statistics
The Truth About Earnings and Stock Valuations
P/E ratios are notoriously fickle but make sense over time.
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It’s time for a critical look at U.S. corporate earnings, and not just because it’s earnings season.
As Bloomberg News reported on Friday, a growing list of money mavens including Paul Tudor Jones, Scott Minerd, Philip Yang and Larry Fink are ringing alarm bells about U.S. stock valuations. But not everyone agrees that they are too high, and earnings are at the center of the controversy.