1. The market's recent pullback is over, with the S&P hitting record highs due to strong earnings growth potential through 2027. 2. Despite the high PEGY ratio, robust growth forecasts mean valuations won't necessarily trigger a bear market. 3. The 10-stock dividend aristocrats are undervalued by 37%, offering an average yield of 3.4% with potential for 78% upside in 2025 if they revert to fair value.