Financial News
How expensive are US equities?
April 13, 2024 at 13:19 PM EDT
How worried should equity investors be about valuation? The S&P 500 is trading at a forward P/E of 20.6, which is elevated compared to its 5-year average of 19.1 and 10-year average of 17.8. Moreover, the 10-year Treasury yield of 4.5% is becoming a more attractive alternative to owning stocks.
Here are the bull and bear cases. The full post can be found here.
Here are the bull and bear cases. The full post can be found here.
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