The January effect is a theory in financial markets that has existed for 50-plus years. It states that stocks and other assets seem to go up the most in the first month of a year.
But a closer look shows that, for stocks at least, the reverse has been true for the past 20 years. Since January 2000, on average, if you bought U.S. or international stocks at the beginning of the month and sold at the end, you have actually lost a considerable amount of money.
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Chicago COVID: Some restaurants say business down after proof of vaccine requirement startsChicago's proof of COVID vaccine mandate has slowed down business even more during the already slow month of January, some restaurants said. Yeah it’s bullshit. Boycott until they lift the mandates!!! No more mandates!! 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣 great job Lori! That was predictable Well, Lori wants to make businesses feel uncomfortable or something. So she's winning.
Source: ABC7Chicago - 🏆 284. / 63 Read more »
Wall Street's Fed headache lingers as stocks decline, Treasuries gainWall Street's headache over the potential of a relatively fast pullback from stimulus by the U.S. Federal Reserve lingered Thursday as stocks sold off again and government bond yields mostly marched higher.
Source: Reuters - 🏆 2. / 97 Read more »