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ETF Investors Love North America, Europe Not So Much

TedTed
in The Bullpen
FYI: The SPDR S&P 500 Trust (SPY) trades at a P/E (trailing 12 months) of 18.64 and a P/B of 2.7. The average P/E ratio since the 1870’s is roughly 15, while the current P/B is higher than 82% of the bull market tops since the mid-1920s.
Regards,
Ted
http://www.etftrends.com/2014/11/etf-investors-love-north-america-europe-not-so-much/
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