PVG Market In A Minute-July 16, 2024
July 16, 2024
• Valuations for the S&P 500 are very high 23x versus 24x forward in 2000
• Extreme reading on the number of stocks beating the S&P 500 at only 25%
• Expectations are for strong earnings growth in the second half of the year and 2025, earnings growth is shifting from mega-cap technology, to more broad-based.