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Jul 12 2021

Downside Risks?

  • Jul 12, 2021

A host of factors have recently been pressuring the stock market. The S&P 500 Index has nearly doubled from its bear-market low in March 2020, signifying one of the strongest 16-month gains in post-war history! After such a robust, uninterrupted advance, it simply feels overdue for a correction. Moreover, compared to historical norms, valuation measures portray an extremely overvalued market.

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About The Author

James Paulsen / Chief Investment Strategist