{"id":3870,"date":"2023-09-18T21:27:02","date_gmt":"2023-09-18T21:27:02","guid":{"rendered":"https:\/\/www.signalpointinvest.com\/?p=3870"},"modified":"2023-09-18T21:27:02","modified_gmt":"2023-09-18T21:27:02","slug":"market-risk-report-as-of-september-18-2023","status":"publish","type":"post","link":"https:\/\/www.signalpointinvest.com\/market-risk-report-as-of-september-18-2023\/","title":{"rendered":"Market Risk Report as of September 18, 2023"},"content":{"rendered":"\n
From Chief Investment Officer Tom Veale,<\/p>\n\n\n\n
The 2023 market run-up and consolidation has left us with the major indexes off their highs but above the year\u2019s start. The best explanation would be that ceilings were reached with valuations that were too high. The consolidation we\u2019ve had has allowed Earnings to catch up with Prices. Here\u2019s SignalPoint\u2019s Relative Valuation Index history:<\/p>\n\n\n\n