Below is a weekly summary of our research findings for 8/5/19 through 8/9/19. 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.
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- Should Investors Care About “the Way Things Are Going”?
Evidence suggests that public sociopolitical satisfaction and stock market valuation (market P/E) move somewhat in step, but with no reliable way to exploit the satisfaction measure for stock market timing. - Leading Economic Index and the Stock Market
Evidence from simple tests offers little support for belief that the Conference Board’s Leading Economic Index for the U.S. exploitably predicts the behavior of the U.S. stock market over the short or intermediate terms. - Stock Market Earnings Yield and Inflation Over the Long Run
Evidence from simple tests on a long sample offers a little support for belief that investors can exploit a relationship between E/P and inflation to time the U.S. stock market. - Simple Debt Class Mutual Fund Momentum Strategy
Evidence indicates that a simple relative momentum strategy applied to a set of mutual funds encompassing a variety of debt classes may be attractive. - Are Equity Index Covered Call ETFs Working?
Available evidence on attractiveness of equity index covered call ETFs as either substitutes for or diversifiers of associated indexes is generally adverse.