Subject: Re: A really new strategy (maybe)
In a similar "behavioral" vein, but more persuasively if you ask me, the pseudonymous Jesse Livermore of Philosophical Economics proposed (2013)that the best predictor of future stock market returns is the share of equities in the average investor portfolio:

https://www.philosophicalecono...

This forecast, along with many others, is followed on the Allocate Smartly site.

https://allocatesmartly.com/10...

I don't know if the page is visible to non-subscribers, but as of now Average Investor Allocaton to Equities forecasts a 10-year return of -0.9%.

Baltassar