For those who celebrate, Merry Christmas everyone!
Here’s another indicator related to the holiday: the Boston Snow Indicator. This is where a white Christmas in Boston predicts an up market the following year. There isn’t strong evidence for this, but given the blizzards in Boston, I’m hopeful. The market has recovered a lot of lost ground this year, but it still has a long way to go to get back to summer 2008 levels.
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