Prospects For More Stimulus Money And Infrastructure Spending Push S&P 500 P/S Ratio Further Into Uncharted Territory
January 11, 2021 at 07:01 AM EST
Georgia Senate results have pretty much ensured a new round of stimulus money. Stocks had a massive 4Q, with the S&P 500 jumping 11.7 percent. This helped push the price-to-sales ratio further into uncharted territory.