The document discusses the valuation metrics of the S&P 500, highlighting that the current valuations are above historical averages and are entering levels seen during 1997-2000, excluding the tech sector. It includes tables and figures showing historical PE ratios and comparisons to average PE ratios since 1950.
documents/vol00010-efta01367793-pdf.pdf
{"title":"US Equity Insights","document_date":"2015-05-22","document_type":"tabular","key_organizations":["Deutsche Bank","IBES","Compustat"]}