The predictive power of the yield spread in timing the stock market
Madras School of Economics, Gandhi Mandapam Road, Kottur, Chennai, India, Received 16 September 2009, Revised 2 March 2010, Accepted 7 March 2010, Available online 23 March 2010. Abstract This study examines the relationship between yield spread and stock market returns. It also explores a dynamic trading strategy of timing the Indian stock market using the […]