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Oct 12 2020

Has “OVER-Valued” Lost Its Bite?

  • Oct 12, 2020

As throughout the post-war era, valuation tools provide guidance for investors to assess whether the stock market is cheap, reasonably priced, or simply too expensive. That is, looking back over the post-war period, the lowest-valuation quartile typically produced higher future stock market returns than valuations stemming from the highest quartile.

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James Paulsen / Chief Investment Strategist

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