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These charts suggest the S&P 500 is looking like a bargain. Take them with a grain of salt.

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FOMOGRAM Editorial Desk
Aug 4, 2026
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Barron's FEED
These charts suggest the S&P 500 is looking like a bargain. Take them with a grain of salt.
EXECUTIVE SUMMARY

Stocks are expensive and cheap at the same time. That’s the strange spot the S&P 500 finds itself in: It’s sitting at a fresh all-time high on Tuesday, yet the valuation metrics that usually flash a warning sign are instead flashing green.

Stocks are expensive and cheap at the same time. That’s the strange spot the S&P 500 finds itself in: It’s sitting at a fresh all-time high on Tuesday, yet the valuation metrics that usually flash a warning sign are instead flashing green.

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