Rafael Resendes, co-founder of Applied Finance Capital Management, joins Yahoo Finance to discuss Applied Finance’s “intrinsic value and wealth creation” factors and investment picks.
The state of value investing vs. value rotation
Looking Back, Looking Forward – 2022Q3
Those latest earnings forecast, are implying an economic soft-landing, not an outright severe recession. Historically, the SP500 EPS change during a recession was a decline in the high teens. That said, with the SP500 losing nearly a quarter of its value YTD, investors clearly have embraced less robust prospective earnings than what the consensus estimate is suggesting. […more]