GMO quarterly report is out - Market overvalued??

[valueorama]

Their 7-yr forecast for S&P 500 is -1.3% after inflation. For Wilshire 5000, it is -2% after inflation.

 

Are we going to get a correction soon?

GMO_QtlyLetter_ALL_3Q2013.pdf

[no_free_lunch]

Anyone else having problems opening the pdf?  I get a message that it is corrupted.

[Yours Truly]

That's bad news for those buying the S&P500 index, I guess?

[muscleman]

Their 7-yr forecast for S&P 500 is -1.3% after inflation. For Wilshire 5000, it is -2% after inflation.

 

Are we going to get a correction soon?

 

this pdf file is damaged. Can you check what is wrong？

[cubsfan]

does this work?

7YrForecasts_914.pdf

[Edward]

RUN FOR THE HILLS!

 

Oh wait. I didn't buy the S&P500.  ;D

[valueorama]

I have no idea what happened. Hopefully the new upload works. I have updated the original post.

[CorpRaider]

I downloaded it.  Thanks for your efforts!