There is no panacea for the low returns implied by asset valuations todayGuest Post
August 5, 2016
By Steve Blumenthal
“There is no panacea for the low returns implied by asset valuations today. Anyone suggesting differently is either fooling themselves or trying to fool you. But piling into the assets that have been the biggest help to portfolios over the past several years, as tempting as it may be, is probably an even worse idea than it usually is.”
– Ben Inker, GMO
Today, let’s take a look at the most recent market valuations and what they are telling us about forward returns over the next ten years. But keep in the back of . . .
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