While September has been an awful month for the Bulls, that seasonal effect is greatly moderated in Election years:

Chart of the Week: Average Change in Each Month (1928 – present)
Graphic courtesy NYT

It is why incumbents try to get all of the short-term pain out of the way in their first 2 years, so that the long term economic benefits are visible in time for the re-election campaign. This has proven to be true regardless of candidates’ party affiliation.

Random Items:
Understate Housing Costs, Understate Inflation
Insiders show increased confidence
Whose Tax Plan Is Better?
Happy, but Hesitant CFOs
Army rebuilds networks after hack attack
Cold Fusion Back From the Dead

Quote of the Day:
“Genius is the ability to put into effect what is in your mind”
-F. Scott Fitzgerald(1896-1940)

Category: Finance

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

One Response to “Chart of the Week: Average Change in Each Month (1928 – present)”

  1. joe gallant says:

    I would like the past 30 days for xiu on the tsx.