Bloomberg Businessweek

When Does This Market Get Cheap?

Earnings forecasts say bargains are already here. Bond yields warn: not yet

How low must stocks go to reach levels where investors get a grip? It’s the question on every trader’s mind as the U.S. market continues its wild daily swings. Although the S&P 500 is roughly flat for the year, it’s fallen more than 7 percent over the past three months.

Investors can’t seem to decide if shares are cheap enough to own. So many things make the calculation hard,

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