S&P 500 Valuation Hits Level Last Seen Before the Dot-Crash
The S&P 500's Shiller CAPE ratio hit 40.68, its second-highest reading in over 150 years. The only higher mark came in 1999 — before a 49% collapse. The Fed is hiking into an oil shock.
Topic
Dot Com Bubble
Topic
Dot Com Bubble
S&P 500 Rally Rests on Fewer Stocks Than Any Time Since Dot-Com Peak
The S&P 500's return to near-record territory rests on fewer stocks than at any time since the dot-com peak, concentrating index…