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S&P 500 Nears Record High But Risk Premium Factor Model Shows It's Still …
Seeking Alpha The S&P 500 (SPY) Index is approaching a record high, up by 5.1% this year and 19.2% since start of 2012, yet the Risk Premium Factor (RPF) Valuation Model shows that the index is still undervalued by about 7%. The RPF Model is a simple approach for … |