Russell 3000 P/E just hit all-time highs. 31x earnings.

FYI:

Russell 3000 P/E just hit all-time highs.

31x earnings.

Prior peaks:

1) Tech bubble, near record prices with low earnings.
2) Post GFC, low prices with depressed earnings.

Today:

Record prices with depressed earnings. pic.twitter.com/2PwkO8f9XK

— Otavio (Tavi) Costa (@TaviCosta) November 10, 2020

#recession … #Tech #Bubble 2.0 edition#Nasdaq $NDX $QQQ #NQ_F 📉 https://t.co/bP4cZYnVrP

— Invariant Perspective (@InvariantPersp1) November 10, 2020

pic.twitter.com/U6N4kJwJ2h

— M/1_LP (@MI_Investments) November 10, 2020

#recession … #StockMarket #Bubble edition https://t.co/XN0ELXhRmY

— Invariant Perspective (@InvariantPersp1) November 10, 2020