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Nov 04 2022

Estimating the Downside - November 2022

  • Nov 4, 2022

With an 8% S&P 500 advance in October, our valuation measures bounced pretty hard off the contemporary lows. The estimate for downside to the median,1957-to-date, widened from -21% to -27%; while the “New Era” estimate (1995-to-date) worsened to -12% from -5% at the beginning of October. 


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About The Author

Phil Segner / Sr. Research Analyst & Co-Portfolio Manager