Below is a weekly summary of our research findings for 3/29/21 through 4/1/21. These summaries give you a quick snapshot of our content the past week so that you can quickly decide what’s relevant to your investing needs.
Subscribers: To receive these weekly digests via email, click here to sign up for our mailing list.
- Consumer Sentiment and Stock Market Returns
Evidence from simple tests offers no support for a belief that monthly changes in the University of Michigan Consumer Sentiment Index predict stock market returns at horizons of one to six months. - Gas Prices and Future Stock Market Returns
Evidence from simple tests offers some support for belief that strongly increasing U.S. gasoline prices represent a headwind for the U.S. stock market over the next two quarters. - Impacts of Frictions on Factor Models of Stock Returns
Evidence indicates that ignoring transaction costs when seeking the best combination of factors for stock selection results in selecting the wrong model. - Measuring Crypto-asset Price and Policy Uncertainty
Cryptocurrency Uncertainty Indexes offer a way to assess riskiness of crypto-asset investments.
