1min chapter

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2023 Long-Term Capital Market Assumptions: Back to basics

Center For Investment Excellence

CHAPTER

The U.S. Market Can Sustain a Higher PE Rate Over the Long Term

No big changes to where we think markets are going to be trending toward in terms of, let's say, PE ratios over time. We've already made some adjustments on that front. And really what happens in the numbers is you're just taking a big drag from valuations and turning that into either a neutral factor or again, in some cases, a tailwind.

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