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Chart Of The Day

A Good Start Tends to Mean a Good Year

91%, eh?  Those are odds you can work with….Here are some general market thoughts via Credit Suisse on what happens when the year gets off to a good start.  Unfortunately, this doesn’t leave much upside even if the odds are high:

“Since 1970, 90% of the time the January to February period has seen markets rise by 6% or more (as has been the case in 2013), equities have risen for the rest of the year on average by c11%.

The only exception to this was in 1987 – but even in that case equities managed to rise 18% between the end of February and the middle of August (before falling 20% during Black Monday). Yet, in spite of that correction, markets still were up on the year overall.”

Source: Credit Suisse

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