Saturday, July 2, 2011

Last year before an election

I have been proven too optimistic time and time again when it comes to the economy. A broken clock is right twice a day though so if I just keep trying I should eventually be right. Here is a historical trend which might help things out soon:

The stock market returns less than 5% from October of the first year of a President’s term through September of the second year, but more than 25% over the following 12 months.

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