S&P 500 Decline and P/E Change in Recessions
Historically, following a recession, the S&P 500 falls by a median of 22% from peak to trough and S&P multiples contract by a median of 21%.
Image: Goldman Sachs Global Investment Research
Historically, following a recession, the S&P 500 falls by a median of 22% from peak to trough and S&P multiples contract by a median of 21%.
Image: Goldman Sachs Global Investment Research