Discussing the Dow, I have previously suggested that instead of looking back to 1929, we might use the period 1966 - 1982 as a comparator. I've adjusted January 1966 and December 1999 to = 100 and oddly enough, the beginning of September 2009 sees the Dow past and present at a fairly similar point.Is it too fanciful to say that we're now in the equivalent of about 1976?
3 comments:
I think there was a point to that vid but it temporarily escapes me.
Bit of fun, tho' some financial analysts in the past have looked at fashion to get a clue as to market movements. Hem length is, or was, sigificant, I believe.
... e.g. http://ctr.sagepub.com/cgi/content/abstract/10/4/47
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