After back-to-back years of 20%-plus gains in 2023 and 2024, the S&P 500 is up more than 16% in 2025 through Dec. 12. The S&P 500’s forward earnings multiple of 22.5 is also well above its 10-year average of 18.7,... Read more
After back-to-back years of 20%-plus gains in 2023 and 2024, the S&P 500 is up another 14.6% in 2025. The S&P 500’s forward earnings multiple of 22.9 is also well above its 10-year average of 18.6, raising concerns about potentially... Read more