Since I spotted this headline from the AP:
"Stock market plunging into pit of despair"
Stock market plunging into pit of despair: Financial News - Yahoo! Finance
With phrases like "pit of despair" being bandied about, we've gotta be close! Aw, who am I kidding, the bottom may still be miles away. However, at least the P/E ratio of the S&P is down to 10.7, the lowest it's been since the early 1980s.
"Stock market plunging into pit of despair"
Stock market plunging into pit of despair: Financial News - Yahoo! Finance
With phrases like "pit of despair" being bandied about, we've gotta be close! Aw, who am I kidding, the bottom may still be miles away. However, at least the P/E ratio of the S&P is down to 10.7, the lowest it's been since the early 1980s.