S&P 500 Total Returns After Crossing Into the 9th and 10th Deciles of Valuation

U.S. equities have a history of pushing higher despite lofty valuations. While nervous talk of a tech bubble persists, analysts point to strong earnings and low debt as reasons this rally could run longer.

Image: Goldman Sachs Global Investment Research

S&P 500 Total Returns After Crossing Into the 9th and 10th Deciles of Valuation