End of Year Valuation Re-Rating With Volatility Abound

Who needs a reset? Is it the S&P 500 (SPX), the forward price/earnings (P/E) multiple, the Nasdaq (COMPQ), the Russell 2000 (RUT), maybe all of the above. Since Black Friday, the markets have come under “heavy fire”, with pessimism, fear and volatility like many investors haven’t seen in a while. It’s times like these that…...

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