The shortfall of 12.7% in the Equal Weighted S&P 500 compared to the Cap-Weighted version was its second-worst annual showing. Thanks to the lagging action, the valuation profile for the average Large Cap stock has improved.
Jan
06
2024
Checking In On “Median” Valuations
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![Doug Ramsey / Chief Investment Officer & Portfolio Manager](https://leuthold.imgix.net/leutholdgroup.com/site_files/authors/DSC_3768_LR_Doug.jpg?h=150&w=150&fit=crop&fp-y=.15)