IL POPOLO DELLA FAMIGLIA E' PER UN' ITALIA SOVRANA


“Un’Europa veramente a 12 stelle”

Unione Europea come Nuova Libera Associazione

di Stati indipendenti e sovrani

– Reintroduzione nel preambolo della Costituzione

europea delle radici cristiane

– Ius europeo

– Sovranità nazionale ed economica

– Rifondazione della nuova Europa a partire dal

diritto universale a nascere

– Valorizzazione nel prossimo Accordo di partenariato

2021-2027 (che potrà valere complessivamente circa

45 mld) di obiettivi e priorità che sostengano la

famiglia, per la realizzazione di concreti interventi

a favore del territorio e dei cittadini (infrastrutture,

ma anche istruzione, formazione, occupabilità);

(...)

11/10/17

Jack Bogle Slams Wall Street’s “Unrealistic” Earnings Guesses, Says Market Valuations “Rather High”



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Jack Bogle Slams Wall Street's "Unrealistic" Earnings Guesses, Says Market Valuations "Rather High"
// Silver For The People

zerohedge.com / by Tyler Durden / Oct 10, 2017 3:10 PM

88-year-old investing icon John "Jack" Bogle, founder of the Vanguard Group, says that the market seems to be "fully valued," and suggests investors adjust their asset allocation.

In an interview with The Street, Bogle said:

"The valuations of stocks are, by my standards, rather high," adding that "my standards, however, are high."

When considering stock valuations, Bogle's method differs from Wall Street's. For his price-to-earnings multiple, Bogle uses the past 12 months of reported earnings by corporations, GAAP earnings, which include "all of the bad stuff," to get a multiple of about 25 or 26 times earnings.

"Wall Street will have none of that," said Bogle. "They look ahead to the earnings for the next 12 months and we don't really know what they are so it's a little gamble."

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The post Jack Bogle Slams Wall Street's "Unrealistic" Earnings Guesses, Says Market Valuations "Rather High" appeared first on Silver For The People.


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