Cycles — market economic and yours
Question: Is 2012 going to be a good year in the stock market? It looks like this year has gotten off to a pretty good start.
Answer: I would agree that in 2012 stocks have gotten off to a good start.
But why are you still thinking of the stock market (or any financial market for that matter) in terms of years?
We are creatures of the calendar. From the moment our ancestors figured out that seasons come around at the same time every year, we’ve been keeping track of time with calendars.