S&P 500
The S&P 500's 'Rare Phase': Navigating Historically Expensive Valuations in late 2025
As of December 29, 2025, the S&P 500 (INDEXSP: .INX) sits at a crossroads that has only been reached a handful of times in the last century. After a blistering three-year surge that saw the index rise by roughly 80% since early 2023, the market has entered what