Labels:bulletin board | crt screen | dialog box | grandstand | monitor | window OCR: Returns on U.S. blue-chip stocks could be disappointing Inuestors will be lucky to earn even puny on big stocks in 94 Since 1926, MARKET when average PIE ratios hovered above 20.7 FORECAST as they da now, the S&P 500 has lost an Price/earnings average of 1 .6% writhin 12 mionths ratip 500 for the Average the follawing year Above 20.1 18.7 to 21.7 7.7 17.3 to 18.7 7.8 16.2 to 17.3 17.39 14.7 to 16.2 13.6% 13.3 to 14. 18.5% 11.9to 13.3 12.6% 10.5to 11.9 8.2% 9.7 to 10.5 14.4% Below 9.7 37.9% 10% 20% 30% Soure: Tlic Leutheld Graup Imrestors Jucki profits 1H26 wher abelang within months ratio return over fallowing Yerr Sourse Leurhelc
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