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The S&P 500 Is the Most Expensive It's Been in Decades. History Has Good and Bad News for Investors

After a multi-year bull run, the S&P 500 Shiller CAPE ratio hasn't been this expensive in 26 years.

The S&P 500 Is the Most Expensive It's Been in Decades. History Has Good and Bad News for Investors

Published August 21, 2026 · Category: Finance

Overview

The S&P 500 (SNPINDEX: ^GSPC) index has been on a phenomenal run in recent years, with the broader benchmark more than doubling since the start of 2023.

Investors have grown their wealth significantly in this time, but all success comes with a price. In this case, the market now looks quite expensive. In fact, the S&P 500 trades at its most expensive valuation in decades.

Details

Many investors are now bracing for a correction or pullback. History has both good and bad news.

Continue reading

Source

Originally published at www.fool.com.

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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.