Aswath Damodaran
Data Update 2 for 2023: A Rocky Year for Equities!
31:40
In this session, I first look back at equities in 2022, focusing on the S&P 500 and put the year (and its negative returns) in historical perspective. I then move on to looking at how the year's price movement has affected expected returns on stocks, where a combination of rising riskfree rates and equity risk premiums have pushed up expected returns to levels not seen in 25 years. Those…