{"id":12147,"date":"2024-07-03T01:55:12","date_gmt":"2024-07-02T16:55:12","guid":{"rendered":"http:\/\/www.irken.jp\/gn\/?p=12147"},"modified":"2024-07-02T17:10:34","modified_gmt":"2024-07-02T08:10:34","slug":"market-watch-july-1","status":"publish","type":"post","link":"https:\/\/www.irken.jp\/gn\/?p=12147","title":{"rendered":"Market Watch (July 1)"},"content":{"rendered":"<p>\u201cSo far, high valuations haven\u2019t dimmed investors\u2019 enthusiasm for stocks,\u201d but there are concerns. The forward price-to-earnings ratio of the S&amp;P500 \u201ccurrently stands at 21.1, above the 90th percentile from the past 40 years. The S&amp;P 500 is even more richly valued on a trailing 12-month basis. In the past, when valuations have been this stretched, the median one-year forward return for the index has been -4%.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cSo far, high valuations haven\u2019t dimmed investors\u2019 enthusiasm for stocks,\u201d but there are concerns. The forward price-to-earnings ratio of the S&amp;P500 \u201ccurrently stands at 21.1, above the 90th percentile from the past 40 years. The S&amp;P 500 is even more richly valued on a trailing 12-month basis. In the past, when valuations have been this [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[14280,1719,15466,3119,15467,15468,8386,61,3218,576,859,7872,861],"class_list":["post-12147","post","type-post","status-publish","format-standard","hentry","category-global-news","tag-14280","tag-concerns","tag-dimmed","tag-enthusiasm","tag-forward-p-e","tag-forward-return","tag-high","tag-investors","tag-rich","tag-sp-500","tag-stocks","tag-stretched","tag-valuations"],"_links":{"self":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/12147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12147"}],"version-history":[{"count":2,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/12147\/revisions"}],"predecessor-version":[{"id":12150,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/12147\/revisions\/12150"}],"wp:attachment":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}