Findings are not driven by a small set of industries, variations in oil price, or changing preferences of bond investors caused by low interest rates regime starting with the financial crisis. (indexologyblog.com)
These measures have maintained correlations near 90 % and higher with subsequent market returns, across history, and across interest rate regimes. (hussmanfunds.com)
During higher interest rate regimes of past years, this approach seemed reasonable and may have worked for many. (indexologyblog.com)