https://www.invesco.com/apac/en/institutional/insights/market-outlook/applied-philosophy-the-shiller-PE-and-SP-500-returns.html
Applied philosophy: The Shiller P/E and S&P 500 returns - AP Institutional | Invesco
We consider the Shiller P/E to be one of the most reliable guides to long-term forward returns. We use it as a case study to approximate expected returns on...
shiller p e