The messages from the chart, in most investors’ interpretation (especially the bears’ these days), are so clear that they are almost irrefutable. The most common interpretation is that the chart ...
The S&P 500's forward 10-year returns are often misrepresented as tightly and negatively correlated with its trailing P/E ratios. Statistical flaws—non-independent samples and outlier events—made the ...
The S&P 500 Index (SPX) set its 2022 low of 4,222.62 on January 24 below its annual pivot at 4,383. Its February 11 close of 4,418.64 is above this level. Its semiannual value level is 4,125. SPX ...
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