Data Update 2 for 2024: A Stock Comeback - Winning the Expectations Game!
Musings on Markets
JANUARY 17, 2024
In contrast, at the start of 2024, the lifting of fear has led to higher prices, a more upbeat forecast of earnings and an expected return of 8.48% and an equity risk premium of 4.60%. The post-2008 time period also was a period of historically low interest rates, and expected returns bottomed out in 2021, before rising again in 2022.
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