Fed Signals That Investors Should Watch and What They Mean
Incorporating Federal Reserve policy shifts into an investing model rooted in 12 market anomalies.
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Relationship between Federal Reserve policy shifts and long-term stock market performance across expansive, restrictive and indeterminate environments
How the IFED strategy uses 12 market anomalies to align portfolios with Fed monetary conditions for improved returns
Why monitoring changes in the discount and federal funds rates offers better investment insight than focusing on interest rate levels
Robert R. “Bob” Johnson, Ph.D., CFA, CAIA, is the chairman and CEO of Economic Index Associates and a professor of finance at Creighton University’s Heider College of Business. Gerald R. “Gerry” Jensen, Ph.D., CFA, is a director and the chief investment officer (CIO) at Economic Index Associates. Economic Index Associates provides the underlying index for the exchange-traded note ETRACS IFED Invest with the Fed TR Index ETN (IFED). Cynthia McLaughlin and I spoke to them about how monetary policy impacts stock prices.
—Charles Rotblut, CFA