Bears like to point to the unsustainable level of corporate profits in a slow-GDP economy, but...
Bears like to point to the unsustainable level of corporate profits in a slow-GDP economy, but the S&P 500 - trading at just 14.7X earnings vs. a long-run average of 16.6 - may have priced this in, writes Scott Grannis. If the economy stays slow - but avoids recession - stocks should do just okay, but if we get a pickup in growth, look out for far higher prices.
From other sites
Video at CNBC.com (May 5, 2015)
at CNBC.com (Oct 23, 2014)
at CNBC.com (Apr 8, 2014)
at CNBC.com (Oct 18, 2013)
at CNBC.com (Apr 29, 2013)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs