The Best Market Indicator Over The Last 34 Years

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Summary

  • Forecasters proclaim the market’s direction based on a variety of indicators, but their usefulness is in doubt.
  • This article looks at six major market indicators and their track record in navigating the last seven bull/bear market cycles.
  • The results show advisor sentiment has the best track record for short-term market calls. CAPE has utility in forecasting long-term returns, but not market turns.
  • The results show investors are best served to follow a long-term investing strategy that succeeds in all market environments.

Read the full article at SeekingAlpha.