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Lessons from the past for equity investors
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Lessons from the past for equity investors
James Mackintosh, investment editor, looks at the US cyclically adjusted price earnings ratio from 1880 to today and finds that investor confidence can return quickly after a crash. If the bears are wrong about the prospects of deflation and a double dip recession, shares could be close to fair value now.
Video Length: 292
Date Found: July 15, 2010
Date Produced:
View Count: 1
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