It's difficult reading articles without any Headings! Data mining is common in finance. Finance PhDs are constantly identifying new "factors" (e.g. value, mom

It's difficult reading articles without any Headings! Data mining is common in finance. Finance PhDs are constantly identifying new "factors" (e.g. value, momentum, price/book) based on historical data that don't pan out as time goes on. See here for some academic research: https://www.researchaffiliates.com/publications/articles/710-alices-adventures-in-factorland-three-blunders-that-plague-factor-investing https://www.researchaffiliates.com/publications/articles/710... Robert Shiller has does extensive research on how psychology impacts real estate prices. Monetary policy isn't standard right now. Machine learning isn't always a good tool for making predictions. Look at Shiller's interviews and surveys for predicting home prices. He doesn't use machine learning or advanced analytics.