[packagingguy]

“The average P/E for the S&P 500 has historically ranged from 13 to 15.”

https://www.investopedia.com/investing/use-pe-ratio-and-peg-to-tell-stocks-future/#:~:text=The%20average%20P%2FE%20for,compared%20to%20the%20overall%20market.

“The current S&P500 10-year P/E Ratio is 27.4”

https://www.currentmarketvaluation.com/models/price-earnings.php#:~:text=The%20current%20S%26P500%2010%2Dyear%20P%2FE%20Ratio%20is%2027.4.

[SaxxonWoods]

Yeah, I’m not buying the S+P500 yet either. But preferred stocks and T-Bonds sure are looking good now.

Non-investors look at today, the static model fallacy. Investors look 9 months to 2 years ahead. Real estate investors look 5-20 years ahead.