Are High Stock Prices Justified?
The US is a really, really weird country: IF THERE is an article of faith among investors, it is that equities are the best investment over the long run, far better than government bonds. But research from Elroy Dimson, Paul Marsh and Mike Staunton of the London Business School into returns since 1900, published this [...] View the full post at: Are High Stock Prices Justified? Related posts: Swensen’s Criticism of Stock-Heavy Portfolios Dividend Yield and Stock Returns, Part II Greenback Hits 2 Year High vs Euro; Odds Rise for Joint Rate Cuts
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