Up and Down

The US market has dropped 1.43% this week after reaching a high of around 10,600.

Although the volatility of the market is still there, the index is back to 2006 levels.

The question being, does this indicate fair value has been reached? If the index was a stock, any holder of that stock would be 40% lower than in 2007 highs.



No comments:

Post a Comment

DISCLAIMER

Although information and opinions are covered in this blog it is not the express intent of the writer(s) that readers take opinion as advice. We are not liable for any actions that come from any topics covered and would like to clarify that whatever opinion that is voiced in the blog is of a general nature and not to be followed without the help of a professional advisor. For any specific advice please seek the advice of a professional financial advisor.