I don't disagree with their authors that equity risk premiums are high, relative to history and that the low risk free rate is in large part responsible these large premiums, but I am less sanguine about using the ERP as a market timing .. It's difficult for me to imagine a scenario where both reversions happen at the same rate, unless we get a whole lot of strong economic news in a short time (but if that happens, the expected cash flows from stocks will also likely rise,
In Special Chronicles Podcast Episode 117, Daniel Smrokowski is joined by Mrs. Leann Philgren (aka, Mrs. Hurley), one of his former Special Education teachers.
I'm fascinated by books and stories written from a kid's point of view. And not necessarily YA, but younger kids, kids who wouldn't, you know, be able to write a full-length, coherent novel, but because of the ways of the world
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