The average P/E ratio of the S&P 500 is quite high. Has there ever been a point in history where this was *not* followed by a crash? (i.e. the earnings caught up with the prices instead)

reddit.com/r/investing/comments/1kzni34/the_average_pe_ratio_of_the_sp_500_is_quite_high

Via /u/Fiveby21

This story appeared on reddit.com, 2025-05-31 03:42:52.267000.
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