Reported about 1 month ago
In an interview with Yahoo Finance, Jeremy Bryan from Gradient Investments discusses the complexities of using valuation as a market timing tool, asserting that it often fails in the short term, where prices can rise even further or drop unexpectedly. Instead, he suggests that valuation is more useful for long-term expectations, indicating that expensive valuations typically lead to lower returns over time, while cheaper valuations may yield higher returns.
Source: YAHOO