‘Policy mistake’ is off the table for the Fed: Neuberger Berman’s Kantor on possibility of rate hike
Charles Kantor, Neuberger Berman, joins ‘Closing Bell Overtime’ to talk recent comments from Fed Chair Jerome Powell, the impact of oil inflation on the markets and economy, and more.
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Trailing earnings show a p/e of 26 to 27 for the s&p500, that's bubble territory. So his claim of 20 p/e is very optimistic, we'll see.