1/ Effectiveness of Adding a Mask Recommendation to Other Public Health Measures to Prevent SARS-CoV-2 Infection in Danish Mask Wearers: A Randomized Controlled Trial
2/ "During the study period (3 April to 2 June 2020), Danish authorities did not recommend masking. Use was uncommon (<5%) outside hospitals.
"Participants were randomly assigned to mask/control groups.
"Those in the mask group received 50 3-layer, disposable surgical masks."
3/ "Participants received follow-up surveys to collect information on antibody test results, adherence to recommendations on time spent outside the home, development of symptoms, COVID-19 diagnosis based on PCR testing done in public hospitals, and known COVID-19 exposures."
4/ "A recommendation to wear a surgical mask when outside the home among others did not reduce, at conventional levels of stat. significance, incident SARS-CoV-2 infection vs. no mask recommendation. We designed the study to detect a reduction in infection rate from 2% to 1%."
5/ "The findings, however, should not be used to conclude that a recommendation for everyone to wear masks in the community would not be effective in reducing SARS-CoV-2 infections, as the trial did not test the role of masks in source control of SARS-CoV-2 infection."
6/ "The face masks were high-quality surgical masks with a filtration rate of 98%.
"Face shields covering the eyes has been advocated to halt the conjunctival route of transmission, but we observed no stat. significant interaction between wearers & nonwearers of eyeglasses."
7/ "Practical challenges to implementation include potentially incorrect wearing, reduced adherence, reduced durability depending on type of mask & occupation, weather, physical & psychological discomfort, and changing to less cautious behavior due to a false sense of security."
8/ More:
Assessing mandatory stay‐at‐home and business closure effects on the spread of COVID‐19
3/ "Value, momentum & defensive/quality applied to US individual stocks has a t-stat of 10.8. Data mining would take nearly a trillion random trials to find this.
"Applying those factors (+carry) across markets and asset classes gets a t-stat of >14."
2/ "The model's four terms describe different life stages for an individual who marries during the sample period. The intercept reflects the average life satisfaction of individuals in the baseline period [all noncohabiting years that are at least one year before marriage]."
3/ " 'How satisfied are you with your life, all things considered?' Responses are ranked on a scale from 0 (completely dissatisfied) to 10 (completely satisfied).
"We center life satisfaction scores around the annual mean of each population subsample in the original population."
1/ Short-sightedness, rates moves and a potential boost for value (Hanauer, Baltussen, Blitz, Schneider)
…
* Value spread remains wide
* Relationship between value and rates is not structural
* Extrapolative growth forecasts drive the value premium
… robeco.com/en-int/insight…
2/ "The valuation gap between cheap and expensive stocks remains extremely wide. This signals the potential for attractive returns going forward."
3/ "We observe a robust negative relationship between value returns and changes in the value spread.
"The intercept of ≈10% can be interpreted as a cleaner estimate of the value premium, given that it is purged of the time-varying effects of multiple expansions & compressions."
2/ Part 1: Basic directional strategies
Part 2: Adjusted trend, trend and carry in different risk regimes, spot trend, seasonally-adjusted carry, normalized trend, asset class trend
Part 3: Breakouts, value, acceleration, skew
Part 4: Fast mean reversion
Part 5: Relative value
3/ Related reading
Time-Series Momentum
Two Centuries of Trend Following
https://t.co/R6JQb6Cg96
Carry
https://t.co/poFk6OWQsO
Value and Momentum Everywhere
https://t.co/l0wVgAOrhL
2/ "The broadly similar pattern of adverse health and well-being reported as new-onset at 6- and 12 months among test-positives and test-negatives highlights the non-specific nature of these symptoms and suggests that multiple aetiologies may be responsible."
3/ Related reading:
Efficacy of Vaccination on Symptoms of Patients With Long COVID