The Stock Market Is Expensive. How the S&P 500 Could Keep Rising. - Barron's

1. S&P 500 is trading at a high valuation, suggesting vulnerability. 2. Analysts expect 12% annual EPS growth over the next five years. 3. Economic slowdown could impact AI spending, affecting demand for Nvidia chips. 4. Historical data shows correlation between better-than-expected earnings and stock performance. 5. Ongoing AI investments might drive future demand for advanced semiconductors.