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Liz Ann Sonders
LizAnnSonders
As of yesterday’s close, new all-time highs for both cap-weighted (blue) and equal-weighted (orange) S&P 500 Indexes, with latter outperforming former over past 1m: 4.3% vs. 3.5% [Past performance is no guarantee of future results] pic.twitter.com/xeVUol9FzJ
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Liz Ann Sonders
LizAnnSonders
Even taking out Mag7 companies, S&P 500's P/E has been quickly approaching late 2020/early 2021 highs pic.twitter.com/nO6LLAat2c
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Mohamed A. El-Erian
elerianm
The link to Fed Governor Waller’s speech on the economic outlook: www.federalreserve.gov/newsevents/speech/waller20240327a.htm Markets will undoubtedly focus on his pushback against early rate cuts as progress in the battle against inflation “may have stalled” (see attachments please). This speech will increase the… pic.twitter.com/Rd6WJ7yc5A
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Ryan Detrick, CMT
RyanDetrick
The S&P 500 has made 20 new highs the last two years is another way to look at it. Still seem like a bubble?
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