The S&P 500 market needs to drop by 50% to return to fair value/historical mean valuations, and this correction will eventually occur either through prolonged stagnation (market flat for a decade while GDP/incomes catch up) or through market crash.

forecastpending

Speaker

Michael Pento

Evidence Quote

the market to reach fair value needs to drop by 50%... either the stock market goes nowhere for a decade and GDP and incomes catch up or it crashes and the two kind of meet.

Source

$3,500 GOLD – IS A DEPRESSION NEXT? | MICHAEL PENTOSoar Financially
Created: 8/11/2026, 7:26:40 AM

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