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SPDR S&P 500 ETF Message Board

  • mince38 mince38 Aug 12, 2013 1:20 PM Flag

    Avg. Return on equiy in SPY is 1%. How are share prices sustainable?

    Just reead in a stock profile that the whole S&P return on equity avg per stock is 1%. How has this market gone up THIS far with that foolishness? How has the market not collapsed when it was 1/2 what it was now and we were at 2% return. To understand how sick that is-Warren Buffet advises not buying any stock with ROE of less than 15%!!!!

217.70-0.15(-0.07%)Aug 25 4:00 PMEDT