S&P 500 (SPY) records now and then: Corporate profits are 13% higher today than October...
S&P 500 (SPY) records now and then: Corporate profits are 13% higher today than October 2007, says BAML's Savita Subramanian, concluding stocks are "still playing catch up to fundamentals." Additionally, the index's dividend yield is 30% higher now and the P/E ratio is well-below levels of 2007 and 2000. "Waiting for a better entry point can be dangerous," she advises.
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