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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chispas who wrote (21365)1/14/2005 10:51:05 AM
From: John Vosilla  Read Replies (1) | Respond to of 116555
 
<In our view this is far more meaningful than the year-ending-in-5 indicator. We learned long ago from our study of statistics that correlations with no basis in cause and effect are meaningless and should be ignored. To date we don’t know anyone with a valid reason why years ending in five should have any meaning.>

The simple explanation is half the years ending in five are the third year of the presidential election cycle.