S&P 500 EMERGENCY

S&P 500 Price to Earnings ratio:

12/31/1988 277.72 11.69
03/31/1989 294.87 11.81
06/30/1989 317.98 12.61
09/30/1989 349.15 14.74
12/31/1989 353.40 15.45
03/31/1990 339.94 15.69
06/30/1990 358.02 16.84
09/30/1990 306.05 14.08
12/31/1990 330.22 15.47
03/31/1991 375.22 17.92
06/30/1991 371.16 19.12
09/30/1991 387.86 21.77
12/31/1991 417.09 26.12
03/31/1992 403.69 24.93
06/30/1992 408.14 23.94
09/30/1992 417.80 23.16
12/31/1992 435.71 22.82
03/31/1993 451.67 22.77
06/30/1993 450.53 23.31
09/30/1993 458.93 22.49
12/31/1993 466.45 21.31
03/31/1994 445.77 19.63
06/30/1994 444.27 17.63
09/30/1994 462.71 16.93
12/31/1994 459.27 15.01
03/31/1995 500.71 15.38
06/30/1995 544.75 15.82
09/30/1995 584.41 16.61
12/31/1995 615.93 18.14
03/31/1996 645.50 18.96
06/30/1996 670.63 19.21
09/30/1996 687.33 19.09
12/31/1996 740.74 19.13
03/31/1997 757.12 18.82
06/30/1997 885.14 21.83
09/30/1997 947.28 23.31
12/31/1997 970.43 24.43
03/31/1998 1101.75 27.86
06/30/1998 1133.84 29.10
09/30/1998 1017.01 26.70
12/31/1998 1229.23 32.60
03/31/1999 1286.37 33.52
06/30/1999 1372.71 33.46
09/30/1999 1282.71 29.18
12/31/1999 1469.25 30.50
03/31/2000 1498.58 29.41
06/30/2000 1454.60 28.02
09/30/2000 1436.51 26.75
12/31/2000 1320.28 26.41
03/31/2001 1160.33 25.54
06/30/2001 1224.38 33.28
09/30/2001 1040.94 36.77
12/31/2001 1148.08 46.50
03/31/2002 1147.39 46.45
06/30/2002 989.81 37.02
09/30/2002 815.28 27.14
12/31/2002 879.82 31.89
03/31/2003 848.18 27.97
06/30/2003 974.50 28.21
09/30/2003 995.97 25.82
12/31/2003 1111.92 22.81
03/31/2004 1126.21 21.66
06/30/2004 1140.84 20.32
09/30/2004 1114.58 19.29
12/31/2004 1211.92 20.70
03/31/2005 1180.59 19.57
06/30/2005 1191.33 18.80
09/30/2005 1228.81 18.46
12/31/2005 1248.29 17.85
03/31/2006 1294.83 17.82
06/30/2006 1270.20 17.05
09/30/2006 1335.85 17.00
12/31/2006 1418.30 17.40
03/31/2007 1420.86 17.09
06/30/2007 1503.35 17.70
09/30/2007 1526.75 19.42
12/31/2007 1468.36 22.19
03/31/2008 1322.70 21.90
06/30/2008 1280.00 24.92
09/30/2008 1166.36 25.38
12/31/2008 903.25 60.70
03/31/2009 797.87 116.31
06/30/2009 919.32 122.41

Source: S&P.com

look it up. P to E ratio is basically how much money someone will buy 1 dollar of actual earnings for. If you dont see that this is an equities bubble, your a fool. Whats the average at now? 200 bucks? For one dollar of earnings?

The S&P is considered the bellwether for the economy as a whole. That means 1 dollar buys you .5% actual earnings. Crazy.