Earnings per Share Growth in the Long Run
October 28, 2014 - Economic Indicators, Equity Premium
Can the U.S. stock market continue to deliver its historical return? In the preliminary draft of his paper entitled “A Pragmatist’s Guide to Long-run Equity Returns, Market Valuation, and the CAPE”, John Golob poses two questions: What long-run real return should investors expect from U.S. equities? Do popular metrics reliably indicate when the U.S. equity market is… Keep Reading