Wednesday, September 30, 2026

Is the stock market a good value?

 Nominal gross domestic product Q2 2026: $32.563030 trillion (updated Sep 30, 2026)

SPX Jun 2026 average level: 7,450.03

Median valuation ratio 1938-2019: 81

GDP(81)=SPX fair value

32.56303(81)=2637.60 fair value Jun 2026

32.56303x=7450.03 actual value Jun 2026

x = 228.79 actual valuation ratio Jun 2026

Valuation ratio above 81 in Jun 2026: 182.45%

Answer: NO

Mother of all investment opportunities: 1982

Valuation ratio: 35