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Zero Correlation Between Valuations, 12-Month Projected Returns Fuels Global Stock Boom

TedTed
in Fund Discussions
FYI: There is no correlation between current valuations and returns over the next 12 months, according to Katie Nixon, chief investment officer of Northern Trust’s wealth management unit.

Nixon addressed this issue and others with Jeffrey Kleintop, chief global investment strategist at Charles Schwab & Co., at last week’s Investments & Wealth Institute’s Investment Advisor conference in New York City.
Regards,
Ted
https://www.fa-mag.com/news/zero-correlation-between-valuations--12-month-returns-fuels-global-stock-boom-36781.html?print

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