![](https://i0.wp.com/shacklemedia.com/wp-content/uploads/2022/06/the-stock-markets-return-will-be-minus-3-3-a-year-over-the-next-decade-says-this-single-greatest-predictor.jpg?w=640&ssl=1)
This month we’ve received both good and bad news from the “single greatest predictor of future stock market returns.”
I’m referring to the indicator, first proposed by the Philosophical Economics blog in 2013, based on the average household’s portfolio allocation to equities. It is a contrarian indicator, with higher equity allocations associated with lower subsequent market returns, and vice versa.
The…
Source: finance.yahoo.com
Related posts:
Tesla’s coming crash: As 7 analysts lower their price targets, one predicts the stock is heading to ...
Sanctions were supposed to crush the Russian ruble. So why did it just hit a 2-month high?
Where Do Billionaires Keep Their Money?
A Tesla owner is suing the carmaker for alleged privacy violations after employees reportedly shared...
Microsoft earnings top $20 billion in a quarter for first time, stock heads for record high