Tuesday, January 20, 2009
The Third Year of a President’s Term Is Typically the Strongest for Stocks
An interesting analysis by Nilus Mattive shows that the stock market usually does best during the third year of a president's term.
This means that - at least under normal conditions - 2011 would be the best year for stocks during Obama's 4-year term which started today.
Interestingly, Martin Armstrong forecasts a possible bottom of the market on June 13, 2011.
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I've got another one for you... Every year ending in a "5" has seen a year-on-year increase in the Dow Jones since it's inception. No other year number has that. People must feel the middle of a decade is "safe"?
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