S&P 500 Trailing P/E + CPI YoY and Prior Market Bottoms
Historically, U.S. stocks bottomed when the S&P 500 trailing P/E + CPI was below 20.
Image: BofA US Equity & Quant Strategy
Historically, U.S. stocks bottomed when the S&P 500 trailing P/E + CPI was below 20.
Image: BofA US Equity & Quant Strategy