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Richard Ennis – The Modern Endowment Story: A Ubiquitous U.S. Equity Risk Premium (The Best Investment Writing Volume 6)

The Meb Faber Show - Better Investing

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Investing in the US Equity Market

Do endowment trustees in c ios even realize how heavily they are exposed to a single stock market? The uns bias toward the home market takes on additional importance and light of the extraordinary valuation level of the us. Equity market. As of october 20 21, robert scheller's sycnically adjusted price earnings, or cape ratio, the united states was approximate approximately 39,. compared with about 24 for europe and japan. At 39, the us. Cape ratio is two point three times its long term average of about 17.

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