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Chart of the Week: S&P500 Peak after Fed Funds Low

Posted By Barry Ritholtz On July 1, 2004 @ 2:59 pm In Finance | Comments Disabled

A historical look at the average number of months it typically takes the SPX to peak from the low point in the cycle of the Fed Funds Rate.

S&P500 Peak after Fed Funds Low
fed_trough_to_spx_peak
Source: Chart of the Day [1]

This suggests we have anywhere from 6 to 12 months before we see a topping process for the major indices.

Random Items:
New Poll Puts Bush Down, but Not Out [2]
The digital music renaissance [3]
What Rate Increases Can’t Hide [4]
Munger Goes Mental [5]
DVD Recorder Prices Expected to Plunge [6]
Urban Legends and Folklore [7]
Master of the Nerds [8]

Quote of the Day:
“Success is going from failure to failure without loss of enthusiasm.”
-Winston Churchill [9] (1874-1965).


Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2004/07/chart-of-the-week-sp500-peak-after-fed-funds-low/

URLs in this post:

[1] Chart of the Day: http://www.chartoftheday.com/

[2] New Poll Puts Bush Down, but Not Out : http://online.wsj.com/article/0,,SB108864352277952443,00.html

[3] The digital music renaissance: http://www.salon.com/tech/col/leon/2004/07/01/music/index.html

[4] What Rate Increases Can’t Hide: http://www.nytimes.com/2004/07/01/opinion/01RATT.html?ex=1246420800&en=171415c061731a6b&ei=5090&partner=rssuserland

[5] Munger Goes Mental: http://www.fool.com/news/commentary/2004/commentary040604wt.htm

[6] DVD Recorder Prices Expected to Plunge: http://www.pcworld.com/news/article/0,aid,116765,pg,1,RSS,RSS,00.asp

[7] Urban Legends and Folklore: http://www.snopes.com/

[8] Master of the Nerds: http://www.redherring.com/article.aspx?a=10715

[9] Winston Churchill: http://www.winstonchurchill.org/i4a/pages/index.cfm?pageid=1

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