An affinity for Mid-Caps

Forward consensus earnings for the S&P 400 Mid Cap Index have been rising lately.

So much so, that P/E is now 18.6,

which is about where it was 4 years ago.

That means its earnings yield is 5.3%, which is 7 times more than the 10 year government bond yield……

October 4, 2020

by Rob Zdravevski

rob@karriasset.com.au