Sevens Report Analysts Quoted in Investing.com
Very Lofty Valuations: Sevens Report Analysts Quoted in Investing.com
These five market assumptions are ‘aggressively optimistic’ – Sevens Report
Sevens Research said the S&P 500 is starting 2024 trading at “a very lofty” 19.5X valuation. While they don’t believe the valuation is unjustified, they do believe it makes several key, positive assumptions about critical market influences in the coming year.
Sevens argues that while the market assumptions “aren’t necessarily wrong,” the “assumptions are aggressively optimistic, and it is how events unfold versus these expectations and not on an absolute scale that will determine how stocks and bonds trade to start the year.”
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