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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (60002)	10/24/2017 11:15:36 AM
From: William Cloutier	of 78697

I did another calculation with the estimated 2017 earnings (again from VL) and took the BofA Merrill Lynch US Corporate AAA Effective Yield (at 2.85%). New answer : ~ 21 230 for the DJIA I was very surprised with the first number (bellow 18 000), but now it seems more representative (don't know if it's the right word). Don't know if the anticipation of the market are more from the Tax cut or an ''organically'' growth. The first will have, obviously, an impact on the second but in the short term, like 2018 or 2019 ? If you have any other comments I'm here to learn WIll

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