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:
Hold Up. Fed Chair Powell Just Issued a Dour Warning on the Economy. Is the Bull Market in Trouble?
The 4 Best Stocks to Choose for 2024
The guy who accidentally charged 69 cents for gas is trying to repay $20,000 to the station that fir...
Stock market outlook for 2023: Here’s what experts predict amid recession fears
Nvidia Insiders Unload Shares After 220% AI Rally