While the markets are down from their December ’22 peaks, they are not cheap at a trailing P/E multiple of 20-21x from a historical perspective, and further multiple compression (and also time correction) cannot be ruled out.
While the markets are down from their December ’22 peaks, they are not cheap at a trailing P/E multiple of 20-21x from a historical perspective, and further multiple compression (and also time correction) cannot be ruled out.
Risk Disclosure: Trading in financial instruments and/or digital currencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of digital currencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or digital currencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
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