Between Order And Chaos With The S&P 500

We've updated our chart tracking the periods of order and chaos that have characterized the S&P 500 (Index: SPX​​​​​​​) over the past 30 years.

We've updated our chart tracking the periods of order and chaos that have characterized the S&P 500 (Index: SPX) over the past 30 years.

(Click on image to enlarge)

S&P 500 Average Monthly Index Value versus Trailing Year Dividends per Share, December 1991 - September 2021

It won't be a surprise, but the index entered into a period of chaos with the arrival of the coronavirus pandemic in March 2020. Through eighteen full months later, the index is still characterized by chaos.

The big question: Is the U.S. stock market in an economic bubble?

If you want to know where we stand on the question, we wrote the definition of an economic bubble.

STOCKS IN THIS ARTICLE

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