Chart of the Week: Average Change in Each Month (1928 – present)
Posted By Barry Ritholtz On September 7, 2004 @ 2:59 pm In Finance | Comments Disabled
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 [1]
Insiders show increased confidence [2]
Whose Tax Plan Is Better? [3]
Happy, but Hesitant CFOs [4]
Army rebuilds networks after hack attack [5]
Cold Fusion Back From the Dead [6]
Quote of the Day:
“Genius is the ability to put into effect what is in your mind”
-F. Scott Fitzgerald [7](1896-1940)
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2004/09/chart-of-the-week-average-change-in-each-month-1928-present/
URLs in this post:
[1] Understate Housing Costs, Understate Inflation: http://www.bloomberg.com/news/commentary/cbaum.html
[2] Insiders show increased confidence : http://cbs.marketwatch.com/news/story.asp?guid=%7B5B1DBD3F%2D3448%2D4AFA%2DA5E3%2D4AA1453ED59E%7D&siteid=mktw
[3] Whose Tax Plan Is Better?: http://www.time.com/time/magazine/article/0,9171,1101040913-692825,00.html
[4] Happy, but Hesitant CFOs: http://www.cfo.com/article.cfm/3127474?f=home_featured
[5] Army rebuilds networks after hack attack: http://www.fcw.com/fcw/articles/2004/0906/news-campb-09-06-04.asp
[6] Cold Fusion Back From the Dead: http://www.spectrum.ieee.org/WEBONLY/resource/sep04/0904nfus.html
[7] F. Scott Fitzgerald: http://www.fitzgeraldsociety.org/
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