What Do Economic Indicators Tell Us About Future Stock Returns?

This session has been archived and is no longer available for purchase. Participants who have purchased archived sessions are still able to access the video and receive credit.

Session Summary: This session examines the link between macroeconomic variables (e.g., GDP, interest rates, inflation) and future stock returns, focusing on US data. A key theme of the session is the contrast between backward-looking economic indicators, which do not reliably forecast future stock returns, and forward-looking market prices. The goal of the session is to equip practitioners with practical knowledge that can help inform portfolio positioning in various economic environments. This session is from the September 2023 Trustee School. Content may be dated.
 
Presenter:
Mathieu Pellerin, PhD
Senior Researcher and Vice President
Dimensional Fund Advisors
Credits: This course is worth 1.0 GAPPT CEC (Continuing Education Credit). It also qualifies for 0.1 IACET CEU (Continuing Education Unit).
Instructions: Participants must watch the session video presentation and pass the session assessment to earn GAPPT CECs and IACET CEUs.
Prerequisites: None.
Equipment Requirement: Computer, tablet or smartphone and internet access. To avoid issues, please use Google Chrome as your browser.
 

Course Details

What Do Economic Indicators Tell Us About Future Stock Returns?
Session Video Presentation
Session Assessment
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