Intro -- Contents -- Acknowledgements -- Preface -- I Key Concepts -- 1. Arbitrage, Risk Arbitrage and the Favorite-longshot Bias -- The favorite-longshot bias -- Risk arbitrage in the US presidential election -- 2. The Bond Stock Earnings Yield Differential Model -- Predictive Ability of the...

This book discusses calendar or seasonal anomalies in worldwide equity markets as well as arbitrage and risk arbitrage. A complete update of US anomalies such as the January turn-of-the year, turn-of-the-month, January barometer, sell in May and go away, holidays, days of the week, options...