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Jul 08 2023

Another Chance To “Buy High”

  • Jul 8, 2023

Despite this year’s massive underperformance by the Equal Weighted S&P 500, the median stock doesn’t appear substantially more attractive than the cap-weighted index. Three of five valuation measures are now back in the top decile of readings, which we’d consider pricey in any monetary or economic backdrop.


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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager