July 2011

A New Approach for Forecasting Market Returns

Posted on July 20, 2011 by Andrew

I propose a method for predicting future market movements, which I call the strategy market barometer (SMB). The SMB is calculated by measuring the extent to which investors are rewarding specific investment strategies being pursued by active equity managers. My … Continue reading →

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Athena Perspectives – July 2011

Posted on July 11, 2011 by Andrew

The Strategic Market Barometer remains at Normal. The MSCI EAFE Index at 6.5% year to date has outperformed active mangement by 3.1%. In US markets, the S&P 500 at 7.0% year to date has outperformed active management by 0.9%. Future … Continue reading →

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