S&P 500 Intrinsic Value Update - August 29, 2016
Important to note when you hear anyone talking about bubbles today. The last two “bubbles” (housing and internet) featured an S&P500 40% to 50% above its intrinsic value… we are nowhere even close to that today.
“Davidson” submits:
Dallas Fed reports 12mo Trimmed Mean PCE-1.6%. This places the Vaue Index higher at $2,118 vs. SP500 $2,180 (SPY) today.
Inflation is part of the Natural Rate capitalization calculation. Falling inflation results in higher levels for the Value Investor Index and justifies higher market valuations.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other ...
moreComments
![](/images/tinyMceCommentImg.png)