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Extensive research in 16 OECD countries has shown that there is a strong correlation between high female employment rates and large government cash transfers to families, generous replacement pay during parental leave, the availability of plenty of part-time work and lots of formal child care.
ECONOMIST: Most of the rich world is short of babies
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Past stock returns have a high correlation with current advisor sentiment while current advisor sentiment has no value in forecasting future stock returns.
FORBES: Experts at Guessing the Past
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Some may argue that the present, wider high yield spread is a function of the low Treasury yields, but historically there has been little correlation between the spread-versus-Treasuries and nominal Treasury yields.
FORBES: Are Credit Measures Worse Now Than At The Start Of Last Recession?