BAC says SP 500 overvalued on 20 of 20 metrics
Posted: Thu Feb 29, 2024 6:54 pm
Interestingly , 83% over valued on average when compared to WTI. Only metric higher was SP 500 market cap /GDP. And in less I'm wrong about what a z-score means, it looks as if the SP 500 is trading at 36 standard deviations from the mean comparison with WTI.