Shiller won an economics Nobel while getting out of the shower , but investors mercifully managed to recover from their early ( bubble ) bath. Assisted, it must be added, by a 2.10% Columbus Day jump in Columbus based
By Morningstar By Samuel Lee Momentum is the tendency for performance to persist. Barring perhaps Treasury bonds and Japanese stocks, momentum has been found in nearly every market and asset class studied. Its prevalence is the most convincing refutation