Below is a weekly summary of our research findings for 9/3/19 through 9/6/19. 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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- FFR Actions, Stock Market Returns and Bond Yields
Evidence suggests that FFR increases (decreases) tend to follow relatively strong (weak) stock market performance and rising (falling) market interest rate, but FFR changes do not predict interest rate. - Asset Class ETF Interactions with the U.S. Dollar
Evidence suggests that a strong (weak) U.S. dollar is contemporaneously bad (good) for most asset classes, but not for U.S . government bonds. Dollar valuation changes are not convincingly predictive of asset class returns. - Option Valuation
There is likely no correct model of markets and options, because investor/trader behavior continuously adapts to changes in market behavior and new technologies. - Asset Class ETF Interactions with the Yuan
Evidence suggests that a strong (weak) yuan relative to the U.S. dollar is contemporaneously good (bad) for emerging market stocks and equities, but not for U.S. Treasury bonds. Yuan valuation changes are not predictive of returns for other classes.
