For more information you can review our Terms of Service and Cookie Policy. Please make sure your browser supports JavaScript and cookies and that you are not blocking them from loading. At 22.2 times its forward price-to-earnings ratio, the S&P 500's valuation is well above its long-term average of 15.3, according to Refinitiv Datastream, though several investors said stocks still look relatively inexpensive compared to bonds. Why did this happen? Reporting by Lewis Krauskopf; editing by Diane CraftOur Standards: The Thomson Reuters Trust Principles.
The expectations for repayment of an untrustworthy funds are higher than those for a trade credit.
( z0 have-degree :ARG1 ( z1 thing :ARG1-of ( z2 expect :ARG1 ( z3 repay :ARG1 ( z4 fund :ARG1-of ( z5 deserve :ARG1-of ( z6 possible ) :polarity - ) ) ) ) ) :ARG2 ( z7 high :ARG1 z1 ) :ARG3 ( z8 more ) :ARG4 ( z9 thing :ARG1-of ( z10 expect :ARG1 ( z11 credit :mod ( z12 trade ) ) ) ) )
(z0 / have-degree-91
    :ARG1 (z1 / thing
              :ARG1-of (z2 / expect-01
                           :ARG1 (z3 / repay-01
                                     :ARG1 (z4 / fund
                                               :ARG1-of (z5 / deserve-01
                                                            :ARG1-of (z6 / possible-01)
                                                            :polarity -)))))
    :ARG2 (z7 / high-02
              :ARG1 z1)
    :ARG3 (z8 / more)
    :ARG4 (z9 / thing
              :ARG1-of (z10 / expect-01
                            :ARG1 (z11 / credit-02
                                       :mod (z12 / trade-01)))))
The expectations for repayment of an untrustworthy funds are higher than those for a trade credit .
z1 :ARG1-of z2
z2 :ARG1 z3
z5 :polarity 0
z5 :ARG1-of z6
z4 :ARG1-of z5
z3 :ARG1 z4
z0 :ARG1 z1
z0 :ARG2 z7
z7 :ARG1 z1
z0 :ARG3 z8
z0 :ARG4 z9
z9 :ARG1-of z10
z11 :mod z12
z10 :ARG1 z11