True or False:

1.) After 5 years, REIT returns display a positive correlation with stock returns.

2.) A portfolio with a -60% drawdown would require a +150% increase to get back to even.

3.) For risk, the frequency distribution of possible outcomes is not known.

4.) The Index of Leading Economic Indicators is useful for stock market prediction.

5.) Firms with steady, but not high growth, can be attractive if dividends are high.

6.) Monetary policy is easy to implement, but any interest rate impact is often delayed.

7.) The stock market reacts to the unemployment rate more than the payroll numbers.

8.) If possible, it is good to hold active stock mutual funds in tax-deferred accounts.