Valuation - S&P 500 Forward P/E Multiple and First Hike of Fed Tightening Cycle
Historically, the S&P 500 forward P/E remains flat in the 6 months before and after the start of the first Fed hike.
Image: Goldman Sachs Global Investment Research
Historically, the S&P 500 forward P/E remains flat in the 6 months before and after the start of the first Fed hike.
Image: Goldman Sachs Global Investment Research