Insights on Current Market Valuations and Potential Broadening Market Rallies
Wednesday, 13 March 2024, 20:13
Market Valuations Overview
2024 has seen the S&P 500 soaring to record heights, with the tech sector playing a key role in this growth. Deutsche Bank's Binky Chadha emphasizes that current market valuations are high but not extreme.
The Significance of S&P 500 Multiples
Chadha points out that historically, the S&P 500 multiple typically ranges between 10 and 20. Being above 20, as we are now, indicates a cyclical recovery with important implications.
For more in-depth analysis on market valuations and expert insights, read on this full article. Editor's note: Luke Carberry Mogan.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.