"IF the median S&P 500 stock traded down to the average valuation seen at the last three bear market bottoms, it would have to decline another 46% from April 30th levels” he said. “If we play along and assume that valuations bottom at the ‘richest’ levels ever seen at a bear market low, there’s still 32% downside remaining in the median S&P 500 stock.”
--- Doug Ramsey
Tuesday 12 MAY, page-2
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Last
7,699.8 |
Change
19.200(0.25%) |
Mkt cap ! n/a | |||
| Open | High | Low |
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| XJO (ASX) Chart |