Jun
6
Geography’s Effects on the Market, from Allen Gillespie
June 6, 2011 |
Today we in China had an athletic breakthrough. Since geography appears to be important in college sports, one wonders if geography has a similar effect in markets.
As a point of reference, stocks from Texas did 1% per year better under Bush than non Texas stocks in a quick study we did. If this is so, what are the key geographies? Chicago?– commodities seem to be doing well and if swaps move to the exchange– it will be like manna from heaven for Chicago at NYC expense.
Does the difference between the Bulls and Knicks, Bears and Giants, etc. portend anything?
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