Final Up to date:
First Revealed:
The “single best predictor” of future stock-market returns has by no means been extra bearish.
This indicator relies on the typical U.S. family’s allocation to equities. It was launched in 2013, and given its identify by the nameless writer of the “Philosophical Economics” weblog. The indicator’s creator reported that it had a greater monitor file predicting the U.S. inventory market’s 10-year return than any of the opposite valuation indicators of which he/she was conscious. I even have failed to seek out an indicator with a greater file.