A number of S&P 500 valuation measures are challenging the peak levels seen just before the Y2K Tech Bubble blow-up. Ironically, despite the stock market being vastly larger today relative to the economy (197% of GDP vs. 137% in February 2000), present day consumers are not nearly as euphoric as they were 25 years ago.
Mar
09
2025
“Happy” 25th?
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