Chart of the Week: S&P500 Peak after Fed Funds Low

A historical look at the average number of months it typically takes the SPX to peak from the low point in the cycle of the Fed Funds Rate.

S&P500 Peak after Fed Funds Low
Source: Chart of the Day

This suggests we have anywhere from 6 to 12 months before we see a topping process for the major indices.

Random Items:
New Poll Puts Bush Down, but Not Out
The digital music renaissance
What Rate Increases Can’t Hide
Munger Goes Mental
DVD Recorder Prices Expected to Plunge
Urban Legends and Folklore
Master of the Nerds

Quote of the Day:
“Success is going from failure to failure without loss of enthusiasm.”
Winston Churchill (1874-1965).

Posted Under