Tyrian Trade

Tech Trades at the Same Multiples as the 2022 Lows, but Earnings Are Now Growing as Rates Are No Longer Rising

Tech is trading at the same multiples as the 2022 lows, except earnings are now growing instead of falling, and the Fed was hiking rates by 400+ basis points back then.
According to the post, if sentiment improves, investors could benefit from both earnings growth and multiple expansion.
The post also pushes back on bubble concerns with the sarcastic line: "We aRe sO iN a BuBbLe."

Tech Trades at the Same Multiples as the 2022 Lows, but Earnings Are Now Growing as Rates Are No Longer Rising

Loading…