Skip to content


Dec 06 2013

Valuing The “Typical” Stock

  • Dec 6, 2013

Current median valuations are almost identical to those seen at the bull market highs of March 2000 and October 2007.

Dec 04 2002

Valuations…..Most Bear Markets End Around Median P/E Levels

  • Dec 4, 2002

Earnings are rebounding strongly. S&P operating earnings estimates are up 21% from 2001 to 2002, and up 23% from 2002 and 2003. Severe cost cutting may not be fully factored into analyst estimates. Look for upside earning surprise.

Jan 07 1998

Are Today's Mutual Fund Investors Different?

  • Jan 7, 1998

Over and over we hear and read that today’s mutual fund investors are different. They are truly long term investors saving for retirement.

Mar 05 1995

Regressing to the Median Equity Returns: Are We There Yet?

  • Mar 5, 1995

Our studies suggest we still have some further regression before returning to median returns. Looking out to a 3-5 year horizon, we expect equity returns to lag historical averages as returns regress further toward normal long term (10 year) performance.