Is the U.S. Stock Market Expensive Right Now?
The U.S. stock market started 2024 with a blistering rally, sending the Morningstar U.S. Market Index up 7.8% – roughly 26% higher than its October lows. But the relentless pace of gains has some watchers worried about soaring valuations on stock prices and frothy trading. “When prices go up that much, earnings rarely go up the same … Read more