Deep Dive: S&P 500, Valuations, China PMI

The video discusses the S&P 500's recent tight trading range, highlighting its minimal movement over the past 12 days. It then shifts to analyzing stock valuation metrics, focusing on price-to-EBITDA ratios, which have reached historically high levels. Finally, the video examines Chinese PMI data, noting a rare instance where the private PMI surpassed the official one, suggesting a potential shift in economic dynamics.

What was the maximum movement of the S&P 500 during the highlighted 12-day period?

• Eleven points

• Twenty points

• Five points

• Fifteen points

Which valuation metric is currently at its highest level in 16 years?

• Price per trailing earnings

• Price to EBITDA

• Price to sales

• Price to crude oil

What does the blue line represent in the stock valuation chart?

• Price per trailing earnings

• Price to crude oil

• Price to EBITDA

• Price to book value

What unusual event occurred with the Chinese PMI data?

• The official PMI was significantly lower than expected

• Both PMIs were equal

• The private PMI surpassed the official PMI

• The official PMI was higher than the private PMI

What could the shift in Chinese PMI data indicate?

• A shift from larger to smaller companies

• Stability in the economic activity

• A decline in small companies

• Growth in state-owned enterprises