Use GDP to Extrapolate the Market's Direction
Feb 4, 2010
/
By Bill DeShurko, CFP
The fourth-quarter GDP report was explosive, and confirmed that the S&P 500 is 30% undervalued. However, the market can stay undervalued for a long, long time. There are two confirming indicators that can help you decide when it's safe to jump back into equitiesand when it's prudent to stay out.