G. Skiadopoulos, article on Market Watch

08-06-18 web.xrh 0 comment

Prof. George Skiadopoulos writes on MarketWatch

8 June 2018

Professor George Skiadopoulos writes on the MarketWatch, about “A new economic indicator developed by colleagues and himself is saying there’s no sign of a US recession”. MarketWatch, published by Dows Jones and Co., is a leading innovator in financial and business news. It tracks the pulse of markets for engaged investors with more than 16 million visitors per month.

Read the full story on MarketWatch

Dr. Renato Faccini, one of the collaborators, also shares the same view that “Index option prices help predicting economic growth since they reflect market participants’ expectations.”

Full details of the study: “A New Predictor of U.S. Real Economic Activity: The S&P 500 Option Implied Risk Aversion” will be forthcoming in the Management Science journal.

A working paper version can be found here.