Report
In theory, share prices reflect the long-term trend in earnings. But this is patently not the case: What implications?
In theory , share prices should move with the discounted sum of future corporate earnings . But i t is well known that this is not the case at all, due to the regulatory and managerial constraints that many investors face and due to the overreaction by investors to short-term shocks. The implication is clear: investors who are fortunate to not be constrained by regulations should always buy in equity market slumps.
Provider
Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.
Patrick Artus
Other Reports from Natixis
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.