CHAPEL HILL, N.C. — Is the bull market reaching the frothy, speculative stage that is the typical hallmark of a major top?
Consider a stock market sentiment index that was introduced 15 years ago by Harvard Business School professor Malcolm Baker and New York University finance professor Jeffrey Wurgler. In a landmark study published in the prestigious Journal of Finance, they reported that their index had an impressive historical record identifying periods of extreme bullishness or bearishness.
Furthermore, a +2.0 standard deviation reading sometimes is early—very early. The index rose above +2 in 1984, and yet the bull market continued for three years more years before succumbing to the 1987 crash.
MktwHulbert And hope is a proven financial strategy
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Goldman Sachs has a portfolio of strong and safe stocks that's also beating the marketInvestors prefer companies with strong balance sheets rather than those investing for growth, returning cash to shareholders, or paying down debt, Goldman said. Goldman is unusually loud today. 'Strong' and 'Safe' Um...
ソース: CNBC - 🏆 12. / 72 続きを読む »
Stock market sinks to session lows after Fed's 'patient' policy statements, Powell news conferenceU.S. stock indexes on Wednesday saw losses for the session deepen with less than a half-hour left in trading, following the conclusion of the Federal...
ソース: MarketWatch - 🏆 3. / 97 続きを読む »
'Clicks are winning over bricks,' says CEO behind e-commerce ETF that's beating the marketThe Amplify Online Retail ETF is up nearly 30% this year, a sign that 'clicks are winning over bricks' in retail, Amplify's CEO says.
ソース: CNBC - 🏆 12. / 72 続きを読む »
Investors have rarely been this scared of a stock-market crash over the past 50 years — and that’s flashing some scary parallels to the 1987 meltdownThe stock market may have hit a new record, but historically high investor trepidation is still lurking under the surface. I haven’t heard one person discuss 1987 Andeline~ Prince Philips is a good archer. Precisely why we will GO HIGHER btfd
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »
Stock market attempts rebound from multiday skid after healthy jobs reportStock-market benchmarks rose at the opening bell on Friday, putting the S&P 500 and Dow on track to snap back-to-back losses, after a stellar jobs report... Yes, the jobs are from bars/restaurants, healthcare and construction. Inventories are at the highest since 2009. Automotive and retail all lost jobs, home sales are down.. we are manufacturing goods but nobody is buying. It won’t last..tax revenues are down, deficits are growing.
ソース: MarketWatch - 🏆 3. / 97 続きを読む »
Berkshire Hathaway and 14 Other Steady Stocks to Buy Before Market Volatility Picks UpBroad U.S. stock market indexes that emphasize low volatility now look quite pricey. But individual low-volatility stocks globally are more attractively priced. How BRENT moved over 1200 pips
ソース: MarketWatch - 🏆 3. / 97 続きを読む »
Jeremy Siegel blames the Fed for the 20% stock market drop late last year'We look over 15 years, a lot of mistakes were made. You think there would be some more lively discussion,' and more dissenters on the Fed, says the longtime stock market bull. Wow! News flash!!!! Umm yeah. Just like it was the fed that caused us to have a 10 year bull run. And in the big picture a 30 year run. What about the 25% rally since?
ソース: CNBC - 🏆 12. / 72 続きを読む »