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Barry Ritholtz: Is That Recovery We See?

04-11-2009 • Ritholtz.com/blog

The P/E ratio for the end of the second quarter is 1944. The losses of the 4th quarter wipe out almost all earnings for the 12 months ending June 30. But by the end of the 3rd quarter, the estimated P/E ratio has dropped to a (negative) -467. That ha

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