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Nothing Destroys Inflation Like a Recession | Darius Dale

Forward Guidance

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The Negative S&P 500 Drawdown

Household equity ownership relative to overall net worth is at an all time high of just 30%. The median S&P 500 drawdown off that cycle peak is minus 22%. So you've got minus 35%, minus 22%. And then the last one, if you look at it through the lens evaluation, take the S&P500 to earnings yield. It's 41% category. We're rolling off an all-time high in the minus 22% category.

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