原文標題：
JPMorgan (NYSE:JPM) Warns Investors to Expect Lower Stock Market Returns
原文連結：
https://tinyurl.com/5e55h3ht發布時間：
224/09/18
空
原文內容：
Analysts at JPMorgan Chase , the world’s biggest bank, are warning investors to expect lower stock market returns over the next decade as high-flying technology stocks come back to earth.
Analysts at JPMorgan Chase , the world’s biggest bank, are warning investors to expect lower stock market returns over the next decade as high-flying technology stocks come back to earth.
The analysts point out that, over time, stock valuations revert to the mean, which should translate to lower returns for investors in the coming years. With a current trailing price-to-earnings (P/E) ratio of 23.7 times, the S&P 500 index is about 25% more expensive than its 35-year average of 19 times.
心得/評論：
照這樣推論，過去40年市值都高估了？
接下來如果要繼續推升估值要看後續的生產力循環被什麼帶動上去，不然還是會均值回歸吧
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abcdefgbob1樓別想騙我下車 09/19 19:21
tony8704142樓開示了 懂得都懂 09/19 19:21
pwseki2063樓JPM一向都看很空阿，戴蒙之前還說Fed會升到7%笑死 09/19 19:21
jack5294樓想上車啊 阿摩 09/19 19:25
→ aegis432105樓看美國眾議院誰贏吧，民主黨贏，加稅就勢在必行，對 09/19 19:26
→ aegis432106樓股市的確不利 09/19 19:26
cosmite7樓現在難上車 09/19 19:26
→ pwseki2068樓也不一定耶，要加稅必須參院加重多數。所以台美租稅 09/19 19:26
→ pwseki2069樓協定就卡死在沒有足夠的多數(參院方面) 09/19 19:27
aimgel10樓反著做 蒿吐露絲 09/19 19:27
newstar1357911樓想騙車票 野雞分析 09/19 19:27
hugh50912樓加稅應該誰上都加，你不加債務難扛 09/19 19:31
avecmoi13樓？？今天花旗說全球經濟強勁於預期 09/19 19:34
mamorui14樓蛤？ 09/19 19:34
tsubasawolfy15樓看內文就說那個分析師認為會均值回歸 還說老人太多 09/19 19:36
BIGBIGFISH16樓都創新高了還不如預期 小摩真的很嚴格 09/19 19:36
→ tsubasawolfy17樓不利股市成長 因為它們都保守投資 09/19 19:36
→ tsubasawolfy18樓都這樣講了那他要不要去發BBcall 09/19 19:36
Sweet8392119樓很好 還有人看空 09/19 19:40
kitsune31820樓兩年前就這樣說然後噴30% 09/19 19:50
JingPingKing21樓收到打收到 09/19 19:51
immence22樓每年都這麼說然後每年都噴到爛 09/19 20:00
xxgogg23樓收到，終於可以安心買惹0.0/// 09/19 20:02
sustto24樓噴 09/19 20:06
murrayace25樓漲多看空很合理 09/19 20:06
→ murrayace26樓2021年底也一堆人覺得應該逢高追高報酬率才好 09/19 20:08
jecint170727樓崩 09/19 20:09
→ rax101028樓收到訊號 09/19 20:10
→ inoce29樓完蛋了 09/19 20:14
grtfor30樓訊號來了 09/19 20:14
