Valuations revert to the mean, but the mean is a moving target
Mean-reverting valuation ratios such as the price-to-earnings (P/E) ratio, price-to-book (P/B) ratio, or bond-equity earnings yield ratio (BEER)—which…
America is ‘flirting with recession’ if tech investment slows, according to new modeling from Oxford Economics
There may be some divided opinion among economists about the trajectory of the U.S. economy, but one thing…