Beware the January effect

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From the Market Ear:

Looking deeper into the Jan effect JPM notes that:

1…the January Effect is most significant following years where the SPX had a double-digit gain or loss.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.