Now, I know—it is merely a short post exhibiting an
interesting result, a result that seems to hold well enough for profit. What really gets me is the lack of a legitimate
disclaimer. And the question at the end. I suppose Bespoke
is looking to start conversation. Maybe. Or they’re just not interested in
sharing their information. Which is mostly likely the case.
I should be grateful for the small insight they are
providing. Of course, I would love to see the data and the process they used to form the
chart (which, yes, I could probably do on my own). But, I also would like to
see something commenting on the divergence at the beginning of the year (January
to April) and what some of the other presidential years looked like. Again, I’m
not paying for anything from them, so what can I expect? (Maybe I’ll post some
of my own analysis…if I have time).
I guess what really gets me is that I don’t believe this is
enough information to go by to make a good decision to go long at the current
moment.
And, now that I look at the graph (and the axes labels) I am
slightly confused. But with a quick comparison to the SPX's current return anyone could sort that out...
Oh well. An interesting chart in the least--as long as you
do your due diligence.
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