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After all the selling, is the broad market undervalued? No! S&P 500’s P/E has taken a beating in year/year terms (currently -26.7%), but multiple is still higher than where it was at prior major bear market troughs #CoSoFinance
After all the selling, is the broad market undervalued? No! S&P 500’s P/E has taken a beating in year/year terms (currently -26.7%), but multiple is still higher than where it was at prior major bear market troughs #CoSoFinance
