The stock market went sideways (at low levels) during Carter term?

The stock market went sideways (at low levels) during Carter term?

And may do so now?
(To remain at these low levels for some years?)

Please don't get into politics, or move this post to politics.
Please focus on economics.
 
Quote from risktaker:

These are not "low levels". To sell at PE levels seen during the Carter years, the S&P would need to see <500.
Low levels compared to the 14,000+ Dow Jones peak.
 
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