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Feb 07 2024

P/E Multiples Still Matter

  • Feb 7, 2024

Last month’s break in the S&P 500 above its January-2022 high means that we must officially label the rally since October 2022 as a new bull market. This also means we can now say with certainty that the October-2022 low was the priciest bear market bottom in history—and by a long shot.


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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager