Post-Bubble Blues

Jahnke, William
May 2003
Journal of Financial Planning;May2003, Vol. 16 Issue 5, p28
Academic Journal
Advises financial advisors who want to make realistic forecasts of future investment returns to make educated estimates about future earnings growth and realistic price/earnings (P/E) ratios in the U.S. Importance of cash flow forecasting to provide insights into stock valuation and the formulation of return expectations; Understatement of P/E; Factors that suggest conservatism in the rate of growth.


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