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Pfizer Inc. Message Board

  • sputnick_again sputnick_again Dec 12, 2012 3:16 PM Flag

    stock predictor

    Analysts at Vanguard recently looked at stock market data going back to 1928. What they found was important for all investors: Metrics that we pay a lot of attention to -- GDP, earnings growth, dividend yields, estimates of earnings growth -- tell you very little about what the stock market will do over the following decade. Almost nothing, in fact.

    Amazingly, rainfall, which should be irrelevant to stock market returns, was a more helpful metric to follow than analysts' projections of earnings growth.

 
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