News flash US equities: Onwards and upwards

US equities: Onwards and upwards

The S&P 500 Index continues to set records despite known risks, such as growth slowdowns, supply chain issues, geo-political tensions between the US and China, rate hike probabilities, and persistent inflation. This has led to the S&P 500 Index now appearing very expensive, even as measured on a forward PE metric. However, it is likely…