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Oct 01 1990

Stocks Not Cheap, Stocks Not Expensive

  • Oct 1, 1990

Stocks are now in the high 40%-45% of the historical valuation distribution range. This is not cheap, but neither is it expensive. Based on our Benchmarks work, it now appears we can expect average performance for the stock market from today’s levels over 1, 3 and 10 year time horizons.


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