Secular bear markets will drop far below median valuation levels. Today, if the S&P 500 sank to the 25th percentile (1957-to-date data), it would lose 41%.
Aug
04
2022
Secular bear markets will drop far below median valuation levels. Today, if the S&P 500 sank to the 25th percentile (1957-to-date data), it would lose 41%.