Not only did the S&P 500's P/E multiple not contract as many expected in 2023 but it actually expanded by 14%. Trading at 22.3x earnings, the S&P 500’s valuation is now above the historical average of 19.3x since 1989.
$AMZN (Amazon.com Inc), $AAPL (Apple), $GOOG (Alphabet), $MSFT (Microsoft) , $META (Meta Platforms Inc) , $TSLA (Tesla Motors, Inc.) , $SPX500, $VOO, $IWM, $DAVA (Endava plc-ADR), $GLOB (Globant SA), $EPAM (EPAM Systems Inc.), $QQQ... Show More 
Fri Sep 20 2024 18:16:53 GMT+0000 (Coordinated Universal Time)
