Skip to content
Aug 06 2018

Correlation-Adjusted Valuation

  • Aug 6, 2018

The S&P 500 trailing Price-Earnings (P/E) multiple is currently higher than 84% of the time since 1950. Appropriately, high valuations have become a concern for many investors. Although the market’s high P/E profile has reduced future return potential, at least historically, it does not necessarily suggest significant downside risk.


For full access, please enter your credentials.

About The Author

James Paulsen / Chief Investment Strategist