SKN | Is the S&P 500 Overvalued? The Rule of 20 Signals Stocks Remain Historically Expensive
Company Earnings Reports The U.S. stock market continues to trade near record highs, but one of Wall Street’s long-standing valuation indicators suggests equities remain expensive. The “Rule of 20,” a simple framework that combines the S&P 500’s forward price-to-earnings (P/E) ratio with the annual Consumer Price Index (CPI) inflation rate, considers the market fairly valued when the combined […]