@LizAnnSonders @DiMartinoBooth Here is how I find fair value with the #sp500. Now, SP ($2,870) is at 22 P/E $130(E), with top-down estimates as low as $70 (worst-case scenario) by averaging the two we get earnings of 100. 22 PE X $100 = SP $2,200 fair value. But I think earnings will be down even more!