Value is in the Eye of the Beholder
Behold the S&P500’s historical price earnings ratio as compared to its long-term average over the last 50 years. By this measure, across all inflation levels, stocks are expensive.
Download MaterialsBehold the S&P500’s historical price earnings ratio as compared to its long-term average over the last 50 years. By this measure, across all inflation levels, stocks are expensive.
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