Michael Burry's Target SPX Price?
Paradigm Shifts/Speculative Peaks,
SP500 bottomed
13% lower than 2002’s bottom in 2009,
17% lower than 1998’s LTCM Crisis low in 2002, and
10% lower than 1970’s low in 1975
15% lower than the COVID low is SPX 1,862,
Shiller PE of 16, Nominal PE of 9 in historic range
SP500 bottomed
13% lower than 2002’s bottom in 2009,
17% lower than 1998’s LTCM Crisis low in 2002, and
10% lower than 1970’s low in 1975
15% lower than the COVID low is SPX 1,862,
Shiller PE of 16, Nominal PE of 9 in historic range
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