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Apr 07 2017

The Valuation “Time Clock” Revisited

  • Apr 7, 2017

Based on a median of six measures, today’s S&P 500 valuation profile equates to the one prevailing on August 31, 1997. From there, the S&P 500 rallied >60% over the next 2 1/2 years before peaking. However, the same can’t be said of valuation readings for the “typical” or median stock.

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager