1/ In @RayDalio's perspective, we are at the very late stages of the long term debt cycle. These long term debt cycles typically take 50-75 years to play out. This cycle began in 1945 when World War II ended and we began the US dollar-dominated world order.
More from Kanekoa
There is overwhelming evidence of election fraud in all contested states. Therefore it is the duty of the Executive, Legislative, & Judicial branches to throw out the fraudulent votes & to honor their oath to protect & defend the Constitution of the USA.🇺🇸🦅
https://t.co/XP9LQuEPtY
*The Evidence Collection*
— Kanekoa (@KanekoaTheGreat) December 29, 2020
There is overwhelming evidence of election fraud. Therefore it is the duty of the Executive, Legislative, & Judicial branches to throw out the fraudulent votes & to honor their oath to protect & defend the Constitution of the USA.\U0001f1fa\U0001f1f8\U0001f985
A list below.\U0001f53b pic.twitter.com/x57NgPVhhd
https://t.co/LMeZ6uOfzW
Thread of my threads. pic.twitter.com/KCQ1AOoIn3
— Kanekoa (@KanekoaTheGreat) November 23, 2020
More from Economy
1/
Note: This report doesn’t do a dynamic analysis that makes things much clearer, but it does a thoughtful statistical analysis based upon increasingly available data.
https://t.co/5Xmt8y7lCL
A few more quotes:
2/
“The analysis also finds that lockdowns are powerful instruments to reduce infections, especially when they are introduced early in a country’s epidemic and when they are sufficiently stringent.”
3/
“lockdowns become progressively more effective in reducing COVID-19 cases when they become sufficiently stringent. Mild lockdowns appear instead ineffective at curbing infections.”
4/
“The results suggest that to achieve a given reduction in infections, policymakers may want to opt for stringent lockdowns over a shorter period rather than prolonged mild lockdowns...
5/
"A trend factor using multiple time lengths outperforms ST reversal, momentum, and LT reversal, which are based on the three price trends separately."
https://t.co/udkvsdw2Lz
2/ This resembles combining multiple measures of ST reversal, momentum, and LT reversal (forecasts determined by walking forward rather than using signs from the full sample).
Unlike normal moving average signals, these are *cross-sectional.* More below:
https://t.co/wkIFLg9jtK
1/ Cross-Sectional and Time-Series Tests of Return Predictability: What Is the Difference? (Goyal, Jegadeesh)
— Darren \U0001f95a (@ReformedTrader) June 18, 2019
"The difference between the performances of TS and CS strategies is largely due to a time-varying net-long investment in risky assets."https://t.co/CSIn3ujN2R pic.twitter.com/XHnVmIart4
3/ Unsurprisingly, the Trend factor formed by this approach outperforms benchmarks in terms of both Sharpe ratio and tail metrics. It's combining momentum with two factors that are negatively correlated to it AND using multiple specifications.
More here:
https://t.co/x8Tloz3iyL
1/ An Executive Summary (in Tweet form) of our new paper
— Adam Butler (@GestaltU) March 27, 2019
Dual Momentum \u2013 A Craftsman\u2019s Perspective
Download here: https://t.co/Y9GlGNohBg
Everything that follows in this thread is based on HYPOTHETICAL AND SIMULATED RESULTS. pic.twitter.com/9m5YJnTdtq
4/ "Average return and volatility of the trend factor are both higher in recession periods. However, the Sharpe ratio is virtually the same.
"Interestingly, all of the factors still have positive average returns.
"Momentum experiences the greatest increase in volatility."
5/ "In terms of maximum drawdown and the Calmar ratio, the trend factor performs the best.
"The trend factor is correlated with the short-term reversal factor (35%), long-term reversal factor (14%), and the market (20%) but is virtually uncorrelated with the momentum factor."