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?