I was beginning to think stocks were getting too high.. But maybe not.
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Started by TimNew - Jan. 9, 2020, 6:54 a.m.

AT least not according to this S&P historic PE Ratio chart. Looking at the last 30 years, it appears more like we are in a low to mid range.  IOW,  relative earnings justify the current price range.

Of inconsequential note: Spikes in the PE ratios during times of recession.  The more severe the recession, the more severe the spike.   Appears earnings drop much faster than prices.


https://www.macrotrends.net/2577/sp-500-pe-ratio-price-to-earnings-chart

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By metmike - Jan. 9, 2020, 10:06 a.m.
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Thanks Tim!