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Citywire 16th June 2017 - High prices do not predict crashes

19 June 2017

Longview Economics' chief executive and chief market strategist Chris Watling sees valuations as a relatively useless in predicting bull and bear markets. Speaking at Citywire Scotland, Watling pointed to the fact that there was a zero correlation between the PE ratio at the start of each year—back to 1928—and the returns of the next twelve months.

Topics: TV appearances