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re: 6/16 Dow Futures -500

Posted on 6/16/22 at 9:37 am to
Posted by SlidellCajun
Slidell la
Member since May 2019
16056 posts
Posted on 6/16/22 at 9:37 am to
Fwiw

PE ratio on sp500 is 22. Projected is 18.
Last year it was 37

Nasdaq is 26 and projected is 22
Last year it was 36

Dow30 is 17.5 and projected is 17
Last year it was 29

This post was edited on 6/16/22 at 9:41 am
Posted by Triple Bogey
19th Green
Member since May 2017
6572 posts
Posted on 6/16/22 at 10:02 am to
frick me, I am bleeding out my arse today.
Posted by FLObserver
Jacksonville
Member since Nov 2005
15852 posts
Posted on 6/16/22 at 11:33 am to
quote:

frick me, I am bleeding out my arse today.


I'm so numb to the pain now. Hedge funds are my daddy now. They tell me where and when they want me and i just assume the fetal position
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53118 posts
Posted on 6/16/22 at 2:14 pm to
Posted by Jag_Warrior
Virginia
Member since May 2015
4292 posts
Posted on 6/16/22 at 6:56 pm to
quote:

US rates are up a little, but global rates have skyrocketed over the last 24 hours.


I don’t closely follow currencies, but did you hear some news about the Swiss Franc rattling the international markets because of a shock interest rate move?
Posted by ldts
Member since Aug 2015
2871 posts
Posted on 6/16/22 at 10:50 pm to
quote:

I don’t closely follow currencies, but did you hear some news about the Swiss Franc rattling the international markets because of a shock interest rate move?


They raised their rates by half a percent, apparently it's their first increase in 15 years. It wasn't a widely expected increase.

Some others have raised also. England just had quarter percent raise, if I remember right Hong Kong raised 0.75 also.

Curious to see what Japan does, their meeting is tomorrow. SMFG is about the only thing that's been in the green for me over the past couple days.
This post was edited on 6/16/22 at 10:52 pm
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