2 replies to this topic

[Rogerdodger]

Mike Burk's Seasonality:

Last week of May:

"Average returns for the last week of May have been positive by all measures"  OOPS!

June Since 1963, over all years the OTC in June has been up 57% of the time with an average gain of 0.5%.  During the 3rd year of the Presidential Cycle June has been up 67% time with an average gain of 2.3%.  The worst June ever, 2002 (-9.4%), the best 2000 (+16.6%)

 

His June Chart shows the down into June 1st that we are seeing thus far today.

 

“We’re going to pass the bill,” McCarthy said as he exited the session.

The hard-fought measure is now headed to a House vote Wednesday.

Edited by Rogerdodger, 31 May 2023 - 12:17 PM.

[pdx5]

Plot a graph using data from !978-1982. That was the last high inflation period. 

Then you will have your answer.

[Rogerdodger]

NEWS:A bill to raise the US borrowing limit has finally passed. Here's our take on what each side got out of it.

41 mins ago

 

What's in US debt ceiling deal and who won?