Weekly Recap from Alpha Architect for 09/23/2022

Addressing some fascinating question in this week's recap:

How Did Momentum Investing Perform After the Previous Two Valuation Peaks?

Has the Stock Market Systematically Changed?

Should Levered and Inverse ETFs Even Exist?

But before you dive into it -

Have you set up your portfolio review?

This is a free, forensic deep dive into your portfolio.

You will understand how efficiently you are investing for your clients and with this knowledge, gain a more logical way to talk about how you invest.

Hit me on DM to set up a time.

High-Frequency Consumer Spending Data and the Cross-Section of Stock Returns

By Larry Swedroe

Should Levered and Inverse ETFs Even Exist?

By Tommi Johnsen, PhD

Has the Stock Market Systematically Changed?

By Wesley Gray, PhD

Recent Articles:

Momentum Investing: How Did Momentum Investing Perform After the Previous Two Valuation Peaks?

The Short-Duration Equity Premium

What We Do?

We are a?research-intensive?asset management firm with a focus on?high-conviction?factor exposures. More broadly, we seek to deliver “Affordable Alpha.”

Who We Are?

Alpha Architect empowers investors through education. We believe in transparency, systematic evidence-based decision making, and forming win-win client relationships.

Click here?to learn more about us.

?

Our White Papers

Our firm mission is dedicated to investor education and we often highlight and discuss hypothetical results associated with our own research and/or the research of others. We rarely (if ever)?discuss live performance on the “blog” area of our website, so the reader should?assume that anything they read on the “blog” is hypothetical and subject to all the disclaimers below. We ask that you use your common sense when reviewing and interpreting research findings that use hypothetical results or live performance results. Clearly, there has never been a backtest published that wasn’t “good” and?even live track records?are subject to survivor bias. We must account for this intense selection bias when reviewing materials. See?here for an article?on this subject.

?

Full disclosures here.

Alpha Architect is a registered investment advisor. More information about the advisor, including its Form ADV Part 2, investment strategies, and investment objectives, are available by visiting?AlphaArchitect.com.