QQQ - Estimating Future Stock Returns December 2023 Update
2024-05-13 08:10:00 ET
Summary
- As of December 31st, 2023, the S&P 500 was forecasting a return of 1.34%/year over the next ten years, with no adjustment for inflation.
- Value stocks are cheap, and will be affected less by market events.
- This feels like June 2000, where everyone was so optimistic, sailing into the teeth of the storm.
As of December 31st, 2023, the S&P 500 was forecasting a return of 1.34%/year over the next ten years, with no adjustment for inflation. As of the close on May 10th, 2024, that figure was 0.32%/year....
Estimating Future Stock Returns, December 2023 Update