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I'm not sure that means much. Sometimes the effects of previous policies are inherited. And more importantly, the president of the US, contrary to popular opini
by jqm 12y ago
I'm not sure that means much. Sometimes the effects of previous policies are inherited. And more importantly, the president of the US, contrary to popular opinion, doesn't control everything in the universe.
- jjoonathan 12y agoThere's a Mathematica worksheet which demonstrates that stock market returns (DJIA) are highly sensitive to start date / policy effect delay assumptions: http://www.demonstrations.wolfram.com/StockMarketReturnsByParty/ http://www.demonstrations.wolfram.com/StockMarketReturnsByPa... It's not proof that you would observe a similar effect in this data, but it's enough for me to put no stock in any speculation of this sort that doesn't come with a sensitivity analysis :)