Thoughts in Charts: Pay Attention & Tread Carefully
The S&P 500 index is made-up of the largest 500 publicly traded companies in the United States. Typically, each quarter, about 50 percent of these companies provide “guidance” or insight into their expectations for the coming year. In Q1 of 2020, however, only about 20% of companies reported guidance, leaving the market flying a bit blind.
Keep in mind, if the stock price is a “great deal”, there are some very large unknowns built into that low price. We are encouraging our clients to tread carefully and stay diversified.
For disclosures, please click here.