Stretched Valuations Warrant Caution
Stretched Valuations Warrant Caution
Source: Bloomberg, Redwood. Data as of 3/14/2024. Date Range from 3/14/2000 - 3/14/2024.
- Price / Earnings of the S&P 500 Index has not been this stretched pre-pandemic in over 20 years.
- Dividend Yields are also at secular lows.
- These traditional measures of valuation indicate that caution is warranted.
Regards,
Allgood Financial
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