By the Numbers: Bear Market Edition
The US stock market gained over $23.1 trillion of value during the 2009 to 2019 bull market through 3/27/2019 (source: Wilshire). Bears and P/E The S&P 500 hit an all-time closing high of 1565 on 10/09/07. This before beginning a 17-month bear market. The P/E ratio of the S&P 500 was 23.4 in October 2007, a week before the market peak. ................
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