hollowman

Global P/E Ratios: How the U.S. Stacks Up

User, all things being equal; yes, they should be. I think that the reason they are lower is because the Yen was used to invest in higher yielding investments elsewhere (NZ, Aus, ect.).

I do agree that cheap money has been a big problem. In fact, it's not just cheap, it's free because the interest rate is below inflation. I only hope the Fed reverses course once the CC is under control.

Global P/E Ratios: How the U.S. Stacks Up

Why is it whenever there is an article on the P/E of the markets there is always one piece left out - interest rates.

The comparisons are meaningless if you cannot compare them to the riskless investments, which are the government treasuries.