Excerpt from MarketWatch quoting DataTrek’s Nick Colas: …. “The stock-market plunge triggered by the global COVID-19 outbreak shows investors are taking their cues from the 2008 financial crisis, but at…
Day: March 16, 2020
Bloomberg: "VIX at 76 Means Two More Weeks of Pain Going by 2008 Playbook"
Excerpt from Bloomberg quoting DataTrek’s Nick Colas: …. “With trillions lost and volatility everywhere, U.S. stocks are tracing a path disturbingly close to the 2008 playbook. If the pattern continues,…
S&P Valuations: Normalized Earnings Framework
One fundamental way to consider where the S&P 500 might bottom in the current volatile period is to look at other recent shocks and see where the index eventually troughed…