Tobin’s Q Now Bearish Long-Term
An article referencing the latest issue of the quarterly research publication Equities and Tobin's Q has been published by Robert Huebscher of Advisor Perspectives. Writes Huebscher, "The latest data for Tobin’s Q-Ratio, a valuation metric shown by academic studies to be highly predictive of market performance, show that investors should brace themselves for sub-par returns over the next 10 years."