After enduring a deep stock market correction in late 2018, investors quickly bought up stocks, and the bull market resumed. It has been a decade since the financial crisis lows, and two decades since the 1999 stock market blow-off bubble top. In today’s chart, we put our party hats on as we look at an interesting stock market ratio: The S&P 500 / NYSE Ratio. As you can see in the chart below, this ratio is testing the highs that it made in 1999.
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