The last time US stocks were this pricey relative to the debt market, the S&P 500 crashed 50%

The last time US stocks were this pricey relative to the debt market, the S&P 500 crashed 50%

Traders work on the floor of the New York Stock Exchange during morning trading on May 17, 2023 in New York City.Michael M. Santiago/Getty Images <ul> <li>US stocks are near their most expensive lev… [+3088 chars]

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