Notes

1 Wing-Keung Wong and Michael McAleer, “Financial Astrology: Mapping the Presidential Election Cycle in US Stock Markets,” October 2008. Available at http://ssrn.com/abstract=1307643

2 Scott B. Beyer, Gerald R. Jensen, and Robert R. Johnson, “The Presidential Term: Is the Third Year the Charm?,” Journal of Portfolio Management 34(2), Winter 2008, 135–142, DOI: 10.3905/jpm.2008.701624.

3 Ibid.

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