Seasonal patterns on the stock markets: Opportunity or risk?
M.M.Warburg & CO Corporate & Investment Banking
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Seasonal patterns on the stock markets are recurring trends that are based on historical price developments and occur more frequently at certain times of the year. These patterns, which result from investor behavior, economic factors or even psychological influences, can be a valuable guide. Although they are no guarantee of future market developments, they do provide a useful insight into possible market movements.
In the latest issue of “Economic Situation and Strategy”, Carsten Klude examines whether it is worthwhile for investors to bet on seasonal patterns.