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Mar 06 2020

Valuation “Reset?”

  • Mar 6, 2020

The massive performance dispersion of the past two years makes it difficult (if not hazardous) to draw a simple conclusion about U.S. stock market valuations. But it’s safe to say that cap-weighted indexes like the S&P 500 and S&P Industrial Index remained significantly overvalued at the low point of the February correction.

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager