Its Over, page-13118

Thanks for the article of Callum Thomas.
It has been a while since we have been in a similar situation, where there are major uncertainties both on P and E, in PE.

Anyway, I still keep an eye on any scenario where the market may surprise on the upside.
I can't find much for now, except perhaps the end of the war in Ukraine which is very difficult to predict.
Looking at the recent rebound of the market (+ 7 % for S&P 500 between mid May and beginning of June), the market may appreciate when inflation will peak.
But not sure it will be enough for the market to have a sustainable rebound.