Stock Market Predictions Using Q
Last month, we used the P/E ratio to predict stock market performance over next 1 to 20 years. This time, let’s try using another valuation metric: the Q ratio. An […]
Investment Options: US Stocks
“Is the market up or down today?” A question like this implicitly refers to the US stock market, not the market for German government bonds or crude oil futures, because when people think of investments …
Predicting the Stock Market Using P/E
From the November 2010 newsletter: As the year comes to a close, you will without a doubt see financial magazines and newspapers predicting what the markets will do in 2011 […]
Stock Market Experts of the 1930s
If you have even the slightest interest in investing, you probably notice stock market experts everywhere, whether they appear on CNBC, write for newspapers or blogs, or even serve as […]
2011 Year-End Valuations
As mentioned last year, valuation ratios such as P/E are not very useful in making one year market predictions. This is disappointing, since they do a fair job of predicting longer-term returns of at least 5-10 years …