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Is the Stock Market too High, or Is Now a Good Time to Invest?
The equity market capitalization of the S&P 500 Index is 44 trillion dollars as of 5/31/24. The forecasted earnings of the index for 2024 is expected to surpass 2.0 trillion dollars. That would be the best-ever earnings for the index. It would also be the 4th year in a row where earnings have been significantly…