Killeens Financial Banner

Killeens Financial Banner

Monday, 30 January 2017

The Trump Crash (S&P 500)

S&P 500  to crash from 2277 to 1600, or even 1300?

It may seem unbelievable, but this would be a drop in P/E from the excessively high level of 25.5 down to its median level of 14.65.

Trump's economic policy, negative on trade, is likely to see a contraction in GDP rather than a rise.

Tomorrow is the first of February, so we can expect to see prices falling now that we are out of January.

No comments:

Post a Comment