cyclically-adjusted price-to-earnings ratio Archives - munKNEE.com
Tuesday , 1 December 2020

Tag Archives: cyclically-adjusted price-to-earnings ratio

Are Stocks Overvalued? It All Depends On…

The weight of the evidence today suggests that stocks are overvalued irrespective of the number of years over which you are smoothing earnings. Historically, that has meant below average forward returns with lower odds of a positive return BUT, while today’s high valuation levels may tilt the odds, but the wide range of possible outcomes remains. Let me explain.

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A Violent Correction Is Coming For the S&P 500! Here's Why

Valuation-based forecasting models leave little doubt that stocks are priced to deliver very poor long-term returns and the cyclical bull market from 2009 is an extreme move that will almost certainly be followed by a violent correction. [Let me explain.] Words: 701

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