📈S&P 500 returns -3% annually for the next 10 years? source
📈S&P 500 returns -3% annually for the next 10 years? source Is high valuation a sign of a crash or a reflection of a different market? 1. Analysis of Bank of America - The normalized per of S&P 500 is 31 times, and the average annual return in the next 10 years is estimated to be -3% in the past regression model - On the other hand, the per of the same-weighted S&P500 is 24 times, and the expected return is +3% per year. - The historical link between per and the next 10 years of returns since 198781% more explanatory power 2. It's not about timing, it's about time - per is an indicator of lo…
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