The S&P 500 gained 2.1% (price only) in May. Based on the 1957-to-date valuation metrics presented below, downside to its historical average is -13%, about 1% more than last month’s reading. The S&P Industrials downside to mean valuation (excludes Utilities and Financials) also increased slightly to -26%.
Jun
05
2014
Estimating The Downside - June 2014
Subscribe to Advisor Newsletter
Leuthold Advisors Newsletter subscriptions include a no-obligation 14-day trial. Cancel at any time before the 14 days are over and you will not be billed.
Subscribe now