Financial markets – the stock market and bitcoin – have had a spectacular run of late. The S & P 500 is up more than 27% in 2024, while the Nasdaq Composite has soared 31%. .SPX YTD mountain S & P 500 in 2024 Still, the forward price-earnings ratio on the S & P 500 is about 23-times 2025 profits, while the trailing PE ratio is 28. Similarly, U.S. stock market capitalization accounts for roughly 60% of the value of the world's equity market values, depending on whose measure you use. I would also never recommend dumping all your bitcoin, having been wrong about its price since its inception.

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Persons: –, Bitcoin, Michael Saylor's, Jim Glassman, Kevin Hassett's, Glassman, Hassett, cratered, cryptocurrencies, it's, Warren Buffett's Berkshire Hathaway, Ron Insana Organizations: Financial, Nasdaq, Equity, Investors, Dow, Oracle, CNBC Locations: U.S, Washington, Omaha