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Closed-End Fund Market Commentaries


A Perspective on the S&P 500 Index’s P/E Ratio

Dec 21, 2017
Click here to access A Perspective on the S&P 500 Index's P/E Ratio

View from the Observation Deck

1. The current bull market in stocks, which commenced in March 2009, has lasted more than eight years and nine months. It is the secondlongest bull market ever, according to Bespoke Investment Group.
2. Considering the duration of this bull market, it seems only natural that investors might question how much longer it can run and/or whether or not valuation levels have become too rich at current levels.




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