Stock Takes: The importance of p/e as 'equity tourists' pack their bags – New Zealand Herald
Higher interest rates mean “equity tourists” are leaving the share market. Photo / File As the sharemarket approaches bear territory, the way in which investors go about valuing stocks has come into sharper focus. As things stand, the S&P/NZX50 index is just a few hundred points off fitting the definition of a bear market – … Read more
