Stock market returns in the years ahead look ugly, says CMG’s Blumenthal

U.S. stock market returns are likely to be subdued in coming years, according to Steve Blumenthal of CMG Capital Management Group.

Blumenthal, at the Strategic Investment Conference 2018 in San Diego, said most metrics, from price-to-earnings ratios to dividend yields, are extremely overvalued. And it’s just a matter of time before they return to fair-value levels.

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