Sentences with phrase «odds of a stock market crash»
So, if you can just show, for example, that the odds of a stock market crash are far higher in years when the P - E ratio is much higher than average (or for housing crashes the buy - rent, or price - household income ratio), or that the expected risk - adjusted long run return is much lower than average, or other «anomalies» (anomalous to the EMH) like this, then you can show that the EMH is substantially far from the truth.
https://baselinescenario.com/ Not exact matches
That doesn't guarantee a stock - market crash, or the collapse of the Toronto housing market, but it does raise the odds that a significant amount of paper wealth could disappear at some point if (when) those markets correct.