The S&P 500 has fallen to the brink of a bear market, with companies severely punished for missing their earnings forecasts. The price-to-earnings multiple has declined and market prospects look uncertain.
The question everyone is asking is ‘what comes next?’
We look into whether the S&P 500 is now at fair value? What events could trigger a stock market crash? And whether bonds will successfully hedge equity going forward?
And in the Dumb Question of the Week, we ask “Why do people still reference the Dow Jones industrial average?”