"If The Fool persists in his Folly he will become wise." - William Blake
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El Niño, La Niña, & The Stock Market
I like getting answers ahead of time. And so I tend to be more open-minded than others about where I am willing to look for such answers. If you look at the same things everyone else looks at, you'll get the same answers. This one’s going to blow your minds away, so proceed slowly. There is a relationship between the El Niño & La Niña cycles and the stock market, but it takes a trick of chartistry to see. That’s what this week’s chart is all about. It shows the changes in the sea surface temperature (SST) in the NINO4 region of the Pacific ocean compared to a detrended representation of the SP500; the data ... (full story)