Valuation Based Equity Market Forecasts: Q2 2014
Any analysis that relies on the past to offer guidance about the future makes the strong assumption that the future…
1Valuation Based Equity Market Forecasts – Q2 2013 Update
In Retirement onWe endorse the decisive evidence that markets and economies are complex, dynamic systems which are not reducible to linear cause-effect analysis over short…
Estimating Future Returns: Update
In Miscellaneous onWe have added a new valuation metric to our model, namely the Total U.S. Market Capitalization to GNP ratio. Total…
