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.
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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.