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Buying stocks when they are this expensive has led to low returns in the future

2019-07-17   |   External Site

The index’s median return over a 10-year period when valuations are so high is 4.7%, according to Ned Davis Research, Ed Clissold, U.S. Chief Strategist. The S&P 500′s median returns when valuations are at lower quintiles range between 5.4% and 11.6%.

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