The U.S. stock market is historically expensive — but investors rushing to blame a bubble in artificial intelligence may be overlooking the expansion in sector valuations beyond technology.
DataTrek Research studied the 10-year average of the S&P 500’s
SPX forward price-to-earnings ratios across the index and found that “the real story behind currently elevated S&P 500 valuations relative to history” lies within nine sectors other than information technology.
The stock market looks expensive — but this chart shows why AI bubble fears in tech may be overblown
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The U.S. stock market is historically expensive — but investors rushing to blame a bubble in artificial intelligence may be overlooking the expansion in sector valuations beyond technology.
DataTrek Research studied the 10-year average of the S&P 500’s
SPX forward price-to-earnings ratios across the index and found that “the real story behind currently elevated S&P 500 valuations relative to history” lies within nine sectors other than information technology.
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