Large Cap U.S. stocks remain in a bubble phase, per the valuation thresholds we identified a year ago with a pencil and ruler. Yet, rapid growth in EPS—including our estimate for S&P 500 5-Yr. Normalized EPS—has held these measures below the extremes of the Y2K Tech bubble peaks and post-COVID mania.
Feb
07
2025
S&P 500: Suspended In The Stratosphere
Login
For full access, please enter your credentials.
About The Author