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Is there a decennial pattern in equity returns?
Does the number in which a year ends play a role as far as stock market performance goes? Take a look at the charts below (courtesy of The Big Picture blog via The Chart Store) for a bit of pop analysis. The first chart shows the average annual performance of the Dow Jones Industrial Average since inception for years ending in 0, 1, 2, etc., whereas the second chart indicates the performance of each of the zero years. Voodoo? Perhaps, but nevertheless interesting. Source: Barry Ritholtz, The Big Picture, January 6, 2010. 2 comments to Is there a decennial pattern in equity returns?Leave a Reply | |||||||||||
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[…] follow financial recessions“, “Chart du Jour: No signs of imminent rate hike” and “Is there a decennial pattern in equity returns?” (And do make a point of listening to Donald Coxe’s webcast of January 8, which can be accessed […]
[…] follow financial recessions“, “Chart du Jour: No signs of imminent rate hike” and “Is there a decennial pattern in equity returns?” (And do make a point of listening to Donald Coxe’s webcast of January 8, which can be accessed […]