- 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.