Sentences with phrase «expansion during bull markets»
Generally you see P / E expansion during bull markets and P / E contraction during bear markets.
http://bespokeinvest.typepad.com/ Not exact matches
, San - Lin Chung, Chi - Hsiou Hung and Chung - Ying Yeh examine the predictive power of investor sentiment for different kinds of stocks during bull (low - volatility, expansion) and bear (high - volatility, recession) equity market regimes.
This idea that you are — if you buy only cheap stocks — entitled to getting one and only one multiple expansion «bump» to your returns is something buy and hold investors need drilled into their heads during the last stages of a bull market.
The expansion of P / Es during the 1982 - 2000 bull market was responsible for 75 % of market gains; The present contractionary P / E cycle is partly responsible for the lowering the P / E of most stocks.