The S&P 500 trailing P/E has corrected to ~25.6, which the author frames as attractive compared to recent highs. The author implies this correction presents a "perfect timing" opportunity to invest in the "best 500 companies in the world." The market is no longer overvalued, suggesting a long position is warranted after the pullback. Historical P/E averages are lower; a recession or earnings collapse could make current valuation irrelevant; geopolitical and economic headwinds ("the war," "resource crunch") could pressure prices further.
The S&P 500 trailing P/E has corrected to ~25.6, which the author frames as attractive compared to recent highs. The author implies this correction presents a "perfect timing" opportunity to invest in the "best 500 companies in the world." The market is no longer overvalued, suggesting a long position is warranted after the pullback. Historical P/E averages are lower; a recession or earnings collapse could make current valuation irrelevant; geopolitical and economic headwinds ("the war," "resource crunch") could pressure prices further.