Fra Jefferies: Ved generelle kursfald på 20 procent, vil aktiemarkederne i gennemsnit være steget 4,2 % 120 dage efter.
|Should you start buying?|
|The biggest debate at the moment is when and how to start taking advantage of substantially lower share prices. If history is any guide (and we underscored that this is looking at price alone), it isn’t clear that we are there yet. Typically, SPX forward returns don’t indicate the index is washed out until the selloff has reached 25% or more.|