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The P/E ratio on the S&P 500 is currently 21.3, with a multiple expansion of 9% in 2023. The average P/E ratio for the S&P 500 since 1989 is 19.2.

00:01 - 06/12/23

 

 

 

The US Bond Market gained 4.5% in November, the 8th biggest monthly advance since 1976 and best month since May 1985

 

 

 

We often hear that Small Cap underperformance ("weak breadth") like we've seen this year is a bearish omen for stocks

 

 

 

US electric vehicles have now zipped past a major milestone: 1 million battery-electric vehicles (BEVs) sold in a single year

 

 

 

Overall S&P short interest highest in over 2 years (via GS)

 

 

 

 

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