20.3.

Retail trading activity in single stocks has plummeted–Citi. “The forward 12-month P/E ratio for the S&P 500 is 20.3. (down 2.8pts from the high… the market multiple hits correction territory)”

Retail trading activity in single stocks has plummeted–Citi pic.twitter.com/c9DixpKuiX — Gunjan Banerji (@GunjanJS) March 23, 2026 "A big distribution pattern is carving out in the Junk Bonds vs. Treasuries ratio. A breakdown here would be the last thing stock market bulls want to see."@AlfCharts pic.twitter.com/DWoYrsc0ba — Daily Chartbook (@dailychartbook) March 21, 2026 "The forward 12-month …

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