Does demographics determine direction?

Discussion in 'Trading' started by Babak, Dec 2, 2002.

  1. Babak

    Babak

    Here is an interesting article about some new research:

    http://www.nytimes.com/2002/12/01/b...A.html?ex=1039799428&ei=1&en=a7be5d6277ecd321

    If you have a copy of The Roaring 2000's (by Dent) or The Hedge Fund Edge (by Boucher) you can see a graph which shows the Dow (adjusted for inflation) shown with US births (lagged for peak spending).

    The way those two lines move together is spooky (from the 50's to present day).

    Here's the graph:

    [​IMG]