ASSET ALLOCATION and the Business Cycle
Readings
Please click on links below for papers which may be of interest when preparing for this course:
What Risk Premium Is "Normal"?
Equity valuation measures: what can they tell us?
Explaining Stock Price Movements: Is there a Case for Fundamentals?
The Meaning of a Slender Risk Premium
What Really Happened to US Bond Yields
BOOKS
Irrational Exuberance by Robert J Shiller, Princeton University Press. 2005
Guide to Investment Strategy by Peter Stanyer, The Economist Books 2006
Following the course further readings will be available from LFS library
If you don't already have it, get the reader here:
