After All That, Stock Market Finally At Fair Value
The good news is that, after 15 years of being overvalued, the S&P 500 is finally priced to deliver an average long-term return: about 9%-10% in nominal terms and 6% after adjusting for inflation.
The good news is that, after 15 years of being overvalued, the S&P 500 is finally priced to deliver an average long-term return: about 9%-10% in nominal terms and 6% after adjusting for inflation.
Economix | Deavid Leonhardt | Posted 05.25.2011
How cheap are stocks? By one important measure, they're as cheap as they have been since 1985. They're 20 percent less expensive than they have been,...
Henry Blodget | Posted 05.25.2011