✉news BusinessMarkets first seen 5 h ago, last 2 h ago, peak #25
S&P 500 CAPE Ratio Hits Highest Level Since Dot-Com Bubble
Original: The S&P 500's CAPE Ratio Just Hit Its Highest Level Since the Dot-Com Bubble. Here's What That's Historically Meant for Dividend Stocks.
The S&P 500's cyclically adjusted price-to-earnings ratio, or CAPE, has reached its highest reading since the dot-com bubble of the late 1990s, a level long associated with stretched stock valuations. Analysts note that historically, such elevated readings have preceded weaker forward returns, and commentators are pointing to dividend-paying stocks as a potential safer positioning for investors concerned about a market pullback.
Why now: Investors are worried that extremely high valuations signal a possible market correction, prompting discussion of defensive strategies like dividend stocks.
Rank over time, top of the chart is #1. 3 snapshots from 5 h ago to 2 h ago.
Evidence
- The S&P 500's CAPE Ratio Just Hit Its Highest Level Since the Dot-Com Bubble. Here's What That's Historically Meant for Dividend Stocks. · The Motley Fool
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