Below is a weekly summary of our research findings for 3/30/20 through 4/3/20. 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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- Very Simple Asset Class ETF Momentum Strategy (VSACEMS)
Evidence from available data indicates that the proposed streamlined version of SACEMS is reasonably attractive, but not preferable to a comparable SMA10 market timing alternative. - Impact of Coronavirus-19 on Markets and Economies
Evidence suggests that the impact of coronavirus-19 and associated policy reactions on expected stock market dividends, and thereby potentially on market valuations, is similar to that of November 2008 during the first two years, with relatively stronger recovery thereafter. - Employment and Stock Market Returns
Evidence from simple tests offers very little support for a belief that monthly changes in U.S. employment usefully predict next-month U.S. stock market returns. Over longer horizons, there is some support for belief that a strong increase (decrease) in U.S. unemployment is bad (good) for the U.S. stock market over the next year or so. - Unemployment Rate and Stock Market Returns
Evidence from simple tests does not support belief that monthly change in U.S. unemployment rate usefully predict next-month U.S. stock market return. Over longer horizons, there is some support for belief that a strong increase (decrease) in U.S. unemployment rate is good (bad) for the U.S. stock market over the next year or so. - Exploiting Stock Anomaly Value and Momentum
Evidence indicates that well-known stock return anomalies exhibit potentially exploitable value and momentum behaviors.
