What Happens When Consumer Confidence Falls 10-Points?

xyin

http://www.ritholtz.com/blog/201 ... ntent=Google+Reader

Consumer Confidence fell 10 points last month.

That is a relatively rare event, occurring only 21 times in the 400 months or so the survey began its monthly format in 1977.

James Bianco notes that “Almost every such 10-point drop can be attributed to an unusual market-moving event.”

Stock market performance following these drops are usually poor:



chart via Bianco Research

Stock market performance following these drops are usually poor:

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Bianco adds: “This is not meant to imply a cause and effect relationship, but is certainly something worth watching over the following months…”

dara

thanks for sharing.

based on the table, it can not predict anything.

If you exclude 2008Oct./2009 Feb., the number could be very positive.

xyin

well, "Stock market performance following these drops are usually poor". of course you can never say for sure..but the chances favor poor performance for next week..

spo

谢谢分析

柴禾

xyin

4# spo

偶没分析， 就是转了一下别人的分析。。。

atrader

thanks

spo

谢分享和传播

4# spo

偶没分析， 就是转了一下别人的分析。。。
xyin 发表于 2010-2-24 16:50

slcgh

Alchemist

Jeff

thanks

xnz

thanks

WJWJ

thanks

cboom

thx

nova

Thanks

guyuxiao

thank you