The market constantly sends signals to investors. In the bull market, stock prices go up on good news. When the bull market ends, stock prices fall even when a company…
Retail has been one of the most hated sectors of the stock market. The Amazon taking over the world meme is simply too much for many investors to resist. But…
We think investor sentiment is a very important factor in the pricing of risk assets. Robert J. Shiller has written extensively about how emotions play a roll in the pricing of…