Projections show smaller future stock returns | Synopsis

Projections show smaller future stock returns

Excerpt:

Keywords:

stock earnings real returns equity risk peaks and valleys forecasting price-to-earnings ratio price-to-book ratio New York University Aswath Damodaran historical stock market long-term CAPE inflation rate pretty good Federal Reserve Alternative Investments investors Ken French academic research ratios recessions bottom line optimists distressing financial a mistake versa MoneyWatch cheap predictive worst metric reasonable averages balanced scenarios bright savings safe finance strategy Philadelphia cutting focusing traditional matters recent The good news

People:

Aswath Damodaran

Overall Sentiment: 0.295333

Relevance: 0.858249

Disambiguation: WriterReferences:

• Aswath Damodaran: dbpedia
• Aswath Damodaran: freebase
• Aswath Damodaran: umbel
• Aswath Damodaran: yago

Asness

Overall Sentiment: 0

Relevance: 0.815544

Jared Kizer

Overall Sentiment: 0.120616

Relevance: 0.588009

Ken French

Overall Sentiment: 0.189372

Relevance: 0.518745

Jared

Overall Sentiment: 0.0621694

Relevance: 0.496099

Sentiment	Quote
0.062632	Jared notes, "The peaks and valleys are where we should have expected them to be. The most recent value of the ratio is about 1.8, which is above the long-term mean of 1.5, indicating that investors should expect equity returns to be below their long-term norm."
Sentiment Stats:	Number of Quotes: 1 Aggregate Sentiment: 0.062632 Mean: 0.062632 Standard Deviation: 1.4142135623731

Key:

• Aggregate Sentiment is meant to be an indicator of an individual's overall sentiment.
• The Mean is meant to be an indicator of an individual's average comment sentiment.
• The Standard Deviation, when there are enough quotes, will indicate an individual's consistency of sentiment (i.e. a Standard Deviation of 0 would mean they were very consistent in their sentiment and 1 would mean they were very inconsistent).

Note that quote stats are likely to be meaningless beyond the aggregate score due to the tiny sample size. However, they are always provided just in case you find something useful there.

Additional Info:

Facility: New York University

Overall Sentiment: 0

Relevance: 0.464987

Country: U.S.

Overall Sentiment: -0.0129029

Relevance: 0.431164

Disambiguation: Location | Region | AdministrativeDivision | GovernmentalJurisdiction | FilmEditorReferences:

• United States
• United States: dbpedia
• United States: freebase
• United States: ciaFactbook
• United States: opencyc
• United States: yago

FieldTerminology: inflation rate

Overall Sentiment: 0.240303

Relevance: 0.463425

Company: Shiller

Overall Sentiment: -0.265287

Relevance: 0.750441

Organization: Philadelphia Federal Reserve

Overall Sentiment: 0.414165

Relevance: 0.480101

URL Meta Details

Site Provided Desc:

There's a debate about how to estimate future returns, and one method isn't showing favorable results

Webpage Provided Title:

Projections show smaller future stock returns

Webpage Provided Keywords:

• alternative investments
• aswath damodaran
• bam advisor services
• bam alliance
• buckingham asset management
• jared kizer
• ken french
• larry swedroe
• shiller p/e

Source Webpage: http://feeds.cbsnews.com/~r/CBSNewsBusiness/~3/LK77W8ZZ-S4/

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Full Content: http://feeds.cbsnews.com/~r/CBSNewsBusiness/~3/LK77W8ZZ-S4/

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