Skip to content
Jul 07 2024

Beware Of The Large-Cap “Safety Trade”

  • Jul 7, 2024

The main reason the “average stock” looks relatively cheap is that the cap-weighted S&P 500 has moved to within 2% of the valuation levels reached at its January 2022 bull market top. Still, three of the four measures of the median S&P 500 stock shown here reside in their tenth deciles.


For full access, please enter your credentials.

About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager