Published October 15, 2021
There is always plenty of talk about whether the stock market is ‘fairly’ valued, expensive, or cheap. It is a question without an answer; there are only opinions. Because in the marketplace, the price is determined solely by what investors are willing to pay. (more…)
Published October 16, 2020
The stock market has a pretty good track record for determining who will win a presidential election. The indicator looks at the market return over the three months leading up to the election. A positive return suggests a win for the incumbent. The data below, going back to 1928, shows an 87% success rate for the stock market in picking the ultimate election victor.
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