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This 'single greatest predictor of future stock-market returns' has fallen sharply --- and that's a bullish sign

Por: MarketWatch Politics September 24, 2022

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According to , this indicator over the last calendar quarter experienced one of its biggest (and therefore bullish) drops since the early 1950s, which is how far back data extend. But for the quarter encompassing the waterfall decline in March 2020 that accompanied the initial lockdowns of the COVID-19 pandemic, you have to go all the back to the final quarter of 1987—which included the worst crash in stock market history—to find a quarter... + full article



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