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To: Jacob Snyder who wrote (5577)9/30/2022 1:43:08 PM
From: Sun Tzu  Read Replies (1) | Respond to of 10576
 
Alternate fair value model (more short term and in tune with the present day realities) is SPX forward earnings yield should be UST2Y (or BBB) + risk premium (2% - 3%). So a 15% drop from here (+/- 2%) should be expected. That puts us near 3150, give or take.