Please login to view the rest of this article – Not subscribed? Get our adfree exclusive content for only a few dollars a month. It also helps us fund our operations so think of it as supporting quality journalism.
Introduction In Part 1 of this series found here, we voiced the notion that there are two primary attributes, valuation and the rate of change of earnings growth, which prudent investors can use to forecast the potential future returns on […]
We met with a range of investors this week to discuss our outlook for US equities in the coming year. We expect sub-trend economic growth, 3% growth in S&P 500 earnings (to $100), and flat valuation, leading to a year-end […]