Author Topic: Indexing sucks  (Read 60418 times)

Aphalite

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Re: Indexing sucks
« Reply #100 on: May 16, 2016, 08:44:44 AM »
For the S&P 500 index.  Goldman's conclusion: "The most likely future path of US equities involves a lower valuation."

It's too bad zero hedge didn't create a table of current treasury rates as a percentile of historical norms

Keith123

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Re: Indexing sucks
« Reply #101 on: May 16, 2016, 01:44:48 PM »
I understand the context of the valuations relative to the risk-free rate.  I suppose I am just holding out hope that putting capital at risk doesn't get rewarded with low single digit returns over the long-term.  I believe this is what you are referring to:


 
For the S&P 500 index.  Goldman's conclusion: "The most likely future path of US equities involves a lower valuation."

It's too bad zero hedge didn't create a table of current treasury rates as a percentile of historical norms