Predicting Stock Market Returns Based on Fixed Business Cycle
February 4, 2011 - Economic Indicators
Does the concept of an idealized fixed business cycle help predict stock market returns? In his recent paper entitled “Forecasting 2011 Using U.S. Precedents: A Simple Analysis of Equity Market Performance”, Thomas Hall examines the performance of major U.S. stock market indexes at fixed intervals after business cycle troughs and extrapolates results to predict U.S…. Keep Reading