source: https://awealthofcommonsense.com/2024/03/are-index-funds-propping-up-the-stock-market/
A reader asks:
Lots of podcasts have discussed how large cap indexes just keep going up, and maybe that’s pushing P/E ratios too high from people buying index funds (me included). At the same time, mid- and small-cap indices have not seen the same overall growth.
Is there a risk that the S&P 500 gets out of hand relative to true value and then there is a fall as all exit at once?
I’ve always thought the wo...