Right from investor presentations to research reports, the price earning (P/E) ratio is one of the most overused and misused ratios in the valuation matrix. It is used by all and sundry to justify their valuations and create mirage of value. But is this the right matrix to look at ? The answer is no, there is a better option.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend