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Sep 05 2020

Back To The Brink

  • Sep 5, 2020

Despite equal-weighted measures’ long-time underperformance, all valuation ratios we monitor for the median S&P 500 stock have returned to their top historical deciles. Even worse, our new equally-weighted “Valuation Composite,” based on these measures, closed August at a 98th percentile reading.


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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager