When will the stock market again deliver better returns?
Probable Outcomes continues the Crestmont Research tradition of extensive full-color charts and graphs that enable investors and advisors to differentiate between irrational hope and a rational view of the stock market. This book's empowering insights prepare you to take action during the current period of below-average returns. The unique combination of investment science and investment art explores the market from several perspectives and addresses the significant implications for a broad range of investors. Beyond concepts, Ed Easterling delivers a dramatic analysis of the likely course for the stock market over the 2010 decade. Investors and advisors will benefit from this timely outlook and its message of reasonable expectations and value-added investing. This essential resource offers a compelling understanding of the key fundamental principles that drive the stock market. Derived from years of meticulous research, Probable Outcomes provides sensible conclusions that will guide your future investment choices and allow you to invest with confidence, whatever your financial strategy.
For the serious investor, I would judge this new book to be a must read.
Probable Outcomes: Secular Stock Market Insights by Ed Easterling is a follow-on to his excellent book Unexpected Returns: Understanding Secular Stock Market Cycles.
Easterling is a master at making the complex simple, and the color graphs and charts are such a pleasure.
An interesting discussion of p/e ratios and how they have changed through time, and where they are likely to go in the future. Read morePublished 17 months ago by N. ROBERTS
The book makes a compelling argument about the existence of secular stock market cycles and how P/E ratios tend to predict market returns in subsequent periods. Read morePublished on August 8, 2012 by David J Allison
This is a wonderful book.
A concern with the present level of stock values is they are supported by a level of corporate earnings as a percentage of GDP which is the... Read more
Every Financial Advisor who has an Ibbotson chart in his/her office should read this ... as well as institutional consultants. Read morePublished on November 9, 2011 by Jeff Cummer
If you are serious about investing in the stock market I urge you to read this book! I have read nearly every significant book regarding the stock market and I have professionally... Read morePublished on August 4, 2011 by BFC
I have read several dozen investing books over the past 5 years as I tried to understand the surrent investing environment. Read morePublished on July 28, 2011 by C. Lynn Bolin
This is the book you've got to read to understand longer term (secular) price trends and why it's crucial to pursue active risk management and absolute return strategies like... Read morePublished on June 30, 2011 by Mike Shell