Sentences with phrase «reverts to the mean explaining»
Business Insider on 14 February 2014, in an article titled James Montier's Annotated CAPE Chart Is Brilliant wrote about an insightful chart James Montier used at a presentation in 2011 showing how the market always reverts to the mean explaining why the market is currently overvalued and why future US stock market returns will not be anything to get excited about.
http://eurosharelab.com/ Not exact matches
Hulbert explains that optimism with respect to value stocks is essentially a bet that the market will revert to the mean: That is, «the most expensive stocks (i.e. growth) will eventually become less expensive, just as the cheapest stocks (value) will become less cheap.»
One thing that is for certain is that these oscillations revert to the mean over the long term, and can not be used to explain a natural secular warming trend, which is what the climate sceptics seem to be running on about recently.