U.S. Markets: A Ton of Doubt Calls for Caution [View article]
SB-tiger: Please bear in mind that this is simply a weekly review, summarizing important events/comments during the week. The purpose of the compilation is therefore not to draw specific conclusions or offer recommendations. That I try and do in between as you will see from my other posts on Seeking Alpha and on my blog: www.investmentpostcard...
What to Expect From US Investment Returns [View article]
The study used historical earnings, but earnings were normalized (using a ten-year moving average) to neutralize the impact of the business cycle (unreliable predictions and expectations). Please read more about the business cycle and it's impact on PEs on Ed Easterling's site at: crestmontresearch.com/..., and also crestmontresearch.com/....
U.S. Markets: A Ton of Doubt Calls for Caution [View article]
What to Expect From US Investment Returns [View article]
Sell in May Indeed? [View article]
The conclusion was actually quite different from what was reported here.
Prieur