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Sunday, December 01, 2024 11:31:18 AM
The $SPX trailing P/E is 30.8. It's still nowhere near the 42 top of 2021 or the 35 top of 1999...
By: CyclesFan | December 1, 2024
• The $SPX trailing P/E is 30.8. It's still nowhere near the 42 top of 2021 or the 35 top of 1999. Also, those PE tops occurred well ahead of the bull market top. In 1999 it was 11 months before top and in 2021 it was 10 months before the top. We're still nowhere near a major top.
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DiscoverGold
By: CyclesFan | December 1, 2024
• The $SPX trailing P/E is 30.8. It's still nowhere near the 42 top of 2021 or the 35 top of 1999. Also, those PE tops occurred well ahead of the bull market top. In 1999 it was 11 months before top and in 2021 it was 10 months before the top. We're still nowhere near a major top.
Read Full Story »»»
DiscoverGold
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