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The Wall Street Journal: Stocks are probably overpriced, but don’t be too sure

A recently published Global Investment Returns Yearbook produced for Credit Suisse provides information on different stock and bond markets going back to 1900. The report co-authored by Professor Elroy Dimson, Chairman of the Newton Centre for Endowment Asset Management at Cambridge Judge, investigates data from 11 countries going back to 1900. (subscription)

Read the full article [blogs.wsj.com]