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FSCS - Inflection Points: No Reservations, Just Valuations
First Trust SMID Capital Strength ETF
2025-09-19 01:20:00 ET
The S&P 500 and the other major equity indexes are at or near record highs despite all of 2025’s uncertainties. 1 And that performance has concerns about stocks being overvalued rising. On the surface, those concerns seem understandable, but a closer look at the numbers suggests a different story—that the S&P 500 may be fairly valued....