Not exact matches
The yield on the 10 - year Treasury bond climbed above 3 % for the first time since 2014, but of greater concern to many market participants were remarks in major corporate
earnings reports suggesting that business conditions had likely
hit their
peak and were poised to deteriorate going forward.
It is especially tough when you factor in how typically most people won't
hit career
peak earnings until your late 30s to early 40s.
And the recent extremes in the median price -
earnings ratios (P / E) and median price - sales ratios (P / S) actually went beyond the
peaks hit in 2000 and in 2007.
As I mentioned earlier, the median price -
earnings ratios (P / E) and price - sales ratios (P / S) actually surmounted the
peaks at the end of the last two bull market cycles — the metrics went beyond the valuation
peaks hit in 2000 and in 2007.