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Equity Multiples And Demographics

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Tue, 21 Feb 2012

By Ploutos : Recently, I authored an article that placed the year-end 2011 price to trailing twelve months earnings ratio of the S&P 500 ( SPY ) in a historical context. Multiples of price to trailing earnings as low as 2011's ratio have portended higher returns on average over the next one year. ...
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