Chart of the day: Seasonal investing
A fascinating long term study by EconomPic, building on a similar study done by The Big Picture on the seasonality of investing in US equities. The old adage, “sell in May and go away ” seems to have empirical validity. Look below for my study on Australian stock prices.
Using S&P data from Professor Shiller’s Irrational Exuberance site, I constructed the below chart going all the way back to 1871. The outp