Investing

[ad_1] Introduction Playing the stock market should be easy: When the economy is booming, buy equities. When it’s deteriorating, short them.  Stock selection shouldn’t take much effort either — we just need to apply metrics from factor investing literature. In bull markets, that might mean focusing on cheap, low-risk, outperforming, […]

[ad_1] The size factor is among those equity risk factors that have provided a premium over the longer term. Recently, however, some researchers have expressed doubt about its utility based on a comparison of its performance with other well-known factors. For example, Ron Alquist, Ronen Israel, and Tobias Moskowitz as well as Noah […]

[ad_1] For most investment managers, ChatGPT represents the starting whistle in a tech arms race many had hoped to avoid. [ad_2] Source link

[ad_1] Economists and market participants have introduced increasingly sophisticated models over the past half-century to explain the ups and downs of the equity markets. With some adjustments to corporate earnings measures and risk-free rates, these methods describe market movements quite well. But there is a simpler way to account for […]

[ad_1] “Ultimately, there’s one investment that supersedes all others: Invest in yourself. Nobody can take away what you’ve got in yourself, and everybody has potential they haven’t used yet.” — Warren Buffett Last year, I interviewed 52 remarkable people for my research paper “Smart Women and Men: How They Invest […]

[ad_1] The following is based on “Redefining the Optimal Retirement Income Strategy,” from the Financial Analysts Journal. Last month, I explored how retirees typically have some ability to adapt their spending to prolong the life of their portfolio. Here, I introduce an approach that incorporates dynamic spending into retirement income projections […]

[ad_1] Pim van Vliet, PhD, is the author of High Returns from Low Risk: A Remarkable Stock Market Paradox, with Jan de Koning. The low-volatility premium may be the most compelling anomaly in financial markets: Less risky securities outperform their riskier counterparts over the long term. Empirical tests of the […]

[ad_1] The Copper–Gold Ratio and Dollar Effects Institutional asset managers use the copper–gold ratio as one of the 10-year Treasury yield’s leading indicators. Indeed, as the spread between bond yields and the ratio widened in the third quarter of 2022, DoubleLine Capital CEO and Chief Investment Officer Jeffrey Gundlach cited […]

[ad_1] Introduction Switch on Bloomberg TV or CNBC at any time of the day and there is a good possibility the host will be explaining the daily ups and downs of the stock market as a function of the latest economic news. Unemployment is down, stocks are up. Inflation is […]

[ad_1] The following is derived from the 2022 Scroll Award-winning article “Which Corporate ESG News Does the Market React To?” by George Serafeim and Aaron Yoon, from the Financial Analysts Journal. Stock prices react only to financially material environmental, social, and governance (ESG) news and more so when the news […]