Shiller Should Return to Making Long-Term Return Predictions

2018-7-3 19:52

Valuation-Informed Indexing #400 By Rob Bennett I wrote here recently about how Robert Shiller made a prediction in July 1996 that did not come close to proving out. He said in a paper titled “Price-Earnings Ratios as Forecasters of Returns: The Stock Market Outlook in 1996.

”  that: “The market is quite likely to decline substantially […].

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market 1996 shiller return titled price-earnings ratios

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