A Reality Check for Stock Valuations

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Common market valuation metrics can make the stock market seem more expensive than it is, argues Evercore Wealth Management Chief Investment Officer John Apruzzese in a white paper published by the firm.

Investors can form a truer picture of the market’s value and make better asset allocation decisions by using the real earnings yield to adjust potential returns for inflation. To download a copy, click here; if you would like a hard copy, please contact Jay Springer at springer@evercore.com.

 

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