Dividend paying stocks have been very popular with investors in recent years due to weak returns in the bond market. (wealthprofessional.ca)
With investors showing confidence in the nascent recovery and above - average valuations now priced into stocks, the market is now heading toward a part of the calendar that historically has delivered weak returns to investors. (hussman.net)
With the market presently at (normalized) valuations that are associated with poor long - term prospective returns, with short - term conditions overbought and overbullish, and with intermediate - term conditions characterized by an exhaustion syndrome that has historically produced disproportionately weak returns over the next few quarters, I do not believe that we are faced with such an opportunity here. (hussmanfunds.com)