We found that starting valuations have historically been a poor indicator of future equity returns in the short run. (blackrockblog.com)
We found that starting valuations have historically been a poor indicator of future equity returns in the short run. (blackrockblog.com)
If you are pessimistic about future equity returns, use the 4 % real return for equities and come up with an even smaller advantage. (canadiancapitalist.com)