Historic PE cycles (US/global)
I find this analysis very interesting.
Based on this, the question is :
will this particular trough go real low, like the all-time low (because this crunch is just so "global" compared to past ones, because of the internet etc),
or will it not be not so bad because of all the frantic (and "informed?") machinations of goverments.
One thought is to have a look at interest rates at each of those cycles, to see if there is a relationship to the PEs.
Not sure if i know where to look. US Bond rates?
(ie can't consider some sort of average global interest rate because this a nonsense what with differing soverign risks). We are comparing with US not global stock market anyway?