Stretched Valuations Warrant Caution

Matthew Allgood |


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Stretched Valuations Warrant Caution

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Source: Bloomberg, Redwood. Data as of 3/14/2024. Date Range from 3/14/2000 - 3/14/2024.


  • Price / Earnings of the S&P 500 Index has not been this stretched pre-pandemic in over 20 years.
  • Dividend Yields are also at secular lows.
  • These traditional measures of valuation indicate that caution is warranted.



Allgood Financial

Disclosure: This piece is for informational purposes only and contains opinions that should not be construed as facts. Information provided herein from third parties is obtained from sources believed to be reliable, but no reservation or warranty is made as to its accuracy or completeness. Charts and graphs are for illustrative purposes only. Discussion of any specific strategy is not intended as a guarantee of profit or loss.  Past performance is not a guarantee of future results. The objectives mentioned are not guaranteed to be achieved. Investors cannot invest directly in any of the indices mentioned above.


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