112 days ago • Posted by Jasper Lawler
S&P 500 price: sales hits a record high - overvalued yet ?
The index price of the top 500 stock in America is now at a record high relative to the sales of the companies.
This stands to reason when sales have been hit during pandemic lockdowns and travel restrictions but the S&P 500 just hit a record high.
Source: Meridian Macro Research