After U.S. stocks hit record highs this week, is the market in a bubble?
The S&P 500 and Nasdaq set record highs before pulling back on October 7, 2026.
The S&P 500 and Nasdaq set record highs before pulling back on October 7, 2026.
Votes cast anywhere this poll is embedded count toward the same live total.
I'd be interested to hear the logic of whoever voted "NO" here. Average PE ratio is around 25:1 and the only way for that to make sense is for the stock price to keep rising or for average American companies to suddenly become hugely more profitable. Lemmings.
I agree it’s expensive based on historical PE ratios. The wildcard is AI. If it produces a step-change in productivity and earnings, today’s valuations could prove rational. I think there's a real chance of that.