2 replies on “Fear Not – July 2016 is not Dec 2007”
Selective data can be used to potray a story as per one’s liking. How about trailing PEG ratio for the two time periods. Even on a forward earnings basis a very optimistic earnings scaenario would be required to justify current multiples.
Fantastic data points to do the fair comparison. Also, the doodhwala, and bhajiwala has not asked me about what stocks to invest in and therefore the ‘euphoria’ has not happened yet, and that means we will conquer 31K to 32K in Sensex before we can call this a top.
2 replies on “Fear Not – July 2016 is not Dec 2007”
Selective data can be used to potray a story as per one’s liking. How about trailing PEG ratio for the two time periods. Even on a forward earnings basis a very optimistic earnings scaenario would be required to justify current multiples.
Fantastic data points to do the fair comparison. Also, the doodhwala, and bhajiwala has not asked me about what stocks to invest in and therefore the ‘euphoria’ has not happened yet, and that means we will conquer 31K to 32K in Sensex before we can call this a top.