What Earnings Explain, and What They Don’t: Insights from 150 Years of Market Data

Earnings and stock prices move together long term, but shifts in their correlation offer little value for predicting future market returns. The post What Earnings Explain, and What They Don’t: Insights from 150 Years of Market Data appeared first on CFA Institute Enterprising Investor.

What Earnings Explain, and What They Don’t: Insights from 150 Years of Market Data

Earnings and stock prices move together long term, but shifts in their correlation offer little value for predicting future market returns.

The post What Earnings Explain, and What They Don’t: Insights from 150 Years of Market Data appeared first on CFA Institute Enterprising Investor.

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