It's official: a few weeks after the S&P hit an all time high price erasing all the losses from the covid crisis which just so happened was the best thing to ever happen to large corporations and the ultra wealthy, moments ago the S&P500's forward P/E multiple also hit an all time high, surpassing the dot com peak of 27x, printing at 27.02x last.
https://www.zerohedge.com/markets/w...e-sps-valuation-just-surpassed-dot-com-bubble
