A Finance Professor's blog.
I am a Professor of Finance in the Poole College of Management at NC State University.
My website: https://sites.google.com/ncsu.edu/warr
Opinions are my own.
I have no crystal ball, but it seems reasonable to assume that stocks are not going to earn returns of 5-6% over long treasuries in the future. Somewhere in the 2-4% range seems more reasonable.
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