I went to our local ATAA meeting on Monday night and the focus of the presentation was on Stock Markets: Cycles and Seasonality. There was a cycle noted on stocks, and more specifically, the DJIA index that caught my attention: the cycle being that the 7th year of each decade generally results in a significant pullback. I’ve scrolled back through the decade charts of the DJIA index and, whilst I do see some deep pullbacks in this year during some decades, I’m not sure that this really constitutes a ‘cycle’. Still, it might be worth keeping in mind as we head toward 2017!in
The way I see the various decades for pullbacks is as follows:
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