
Closing Bell Overtime 12/28/22
Closing Bell
00:00
I'm a Little Bit Surprised That You Like Some Tech Plays
I think earnings is the story going forward and i'm still hesitant to be you know bullish here. It's all about the price you pay, right? So if i'm looking at the s&p multiple anywhere between 16 and 17 times historic average below that around 15 times And we have a we have a fed that's obviously engaged but closer to the end of the cycle the hiking cycle Let's say we do 75 more basis points in in movement maybe 50 And bring the terminal rate above 5 percent. I mean at that stage, what what is the appropriate multiple?
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