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Sep 09 2015

How Far Could It Fall?

  • Sep 9, 2015
Our valuation work shows many “garden variety” cyclical bear markets bottom out fairly close to long-term median valuation levels on the S&P 500. A reversion to median valuations would entail a peak-to-trough S&P 500 loss of –21.1%.


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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager