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Market Outlook 2015 – Meb Faber Research – Stock Market and …

I penned a short market outlook last year , and this year’s outlook is basically the same.  It was correct on a few points (small cap underperformance, dividend stock underperformance), and incorrect on a few points (US stocks charged higher, foreign stocks lagged).  We now have an interesting period where US stock valuations (CAPE of 27)  relative to foreign stock valuations (around 15) […]