Valuation – S&P 500 Forward P/E

Valuation – S&P 500 Forward P/E The Magnificent 7 stocks are considered expensive compared to the rest of the market, reflecting their strong growth potential and market dominance that investors are willing to pay a premium for. Image: Goldman Sachs Global Investment Research

CAPE Valuations and Deviation from Exponential Growth Trend

CAPE Valuations and Deviation from Exponential Growth Trend While the CAPE ratio is not a reliable timing signal for market turning points, historical data indicates a correlation between high CAPE ratios and lower future returns. Image: Real Investment Advice

S&P 500 Valuation Matrix (12-Month Forward EPS and P/E Multiple)

S&P 500 Valuation Matrix (12-Month Forward EPS and P/E Multiple) According to Morgan Stanley, U.S. equity market gains in 2024 may stall due to high forward multiples and ambitious earnings forecasts for the next 12 months. Image: Morgan Stanley Wealth Management

U.S. Asset Classes – Valuation vs. History

U.S. Asset Classes – Valuation vs. History In the current market environment, U.S. government bond valuations continue to be relatively cheap, contrasting with U.S. stock valuations as being on the expensive side. Image: Topdown Charts

Equity – MSCI Japan Market Cap Relative to World Market Cap

Equity – MSCI Japan Market Cap Relative to World Market Cap Considering the improved outlook, attractive valuations, and progress in corporate governance, should investors consider increasing their exposure to Japanese equities? Image: BofA Global Investment Strategy

S&P 500 Index Relative to Historic Valuation Ranges

S&P 500 Index Relative to Historic Valuation Ranges The fact that markets are currently trading well above their historical valuation ranges implies that the expected outcomes may not be as optimistic as many investors anticipate. Image: Real Investment Advice

Valuation – S&P 500 Trailing PE

Valuation – S&P 500 Trailing PE After the fall of the Berlin Wall, globalization had a significant impact on various aspects of the global economy, including financial markets, as evidenced by the P/E ratios of the S&P 500 index. Image: Morgan Stanley Wealth Management

Valuation – MSCI World 12-Month Forward P/E

Valuation – MSCI World 12-Month Forward PE The current global stock’s 12-month forward P/E ratio at 16.1 is above the 20-year median, reflecting a relatively high valuation of the global stock market Image: Goldman Sachs Global Investment Research