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	<title>CXO Advisory &#187; Political Indicators</title>
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		<title>Stock Market and the National Election Cycle [PREMIUM]</title>
		<link>http://www.cxoadvisory.com/4269/calendar-effects/stock-market-and-the-national-election-cycle/</link>
		<comments>http://www.cxoadvisory.com/4269/calendar-effects/stock-market-and-the-national-election-cycle/#comments</comments>
		<pubDate>Mon, 07 Nov 2011 11:03:39 +0000</pubDate>
		<dc:creator>Steve LeCompte</dc:creator>
				<category><![CDATA[Calendar Effects]]></category>
		<category><![CDATA[Political Indicators]]></category>

		<guid isPermaLink="false">http://www.cxoadvisory.com.php5-14.websitetestlink.com/?p=4269</guid>
		<description><![CDATA[Many stock market experts cite the year (1, 2, 3 or 4) of the U.S. presidential term cycle as a useful indicator of U.S. stock market returns. Game theory suggests that presidents deliver bad news immediately after being elected and do everything in their power to create good news just before ensuing biennial elections. Are <a href="http://www.cxoadvisory.com/4269/calendar-effects/stock-market-and-the-national-election-cycle/"><strong>More...</strong></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Do Investors Care About &#8220;the Way Things Are Going&#8221;?</title>
		<link>http://www.cxoadvisory.com/3851/sentiment-indicators/do-investors-care-about-the-way-things-are-going/</link>
		<comments>http://www.cxoadvisory.com/3851/sentiment-indicators/do-investors-care-about-the-way-things-are-going/#comments</comments>
		<pubDate>Tue, 16 Aug 2011 10:09:05 +0000</pubDate>
		<dc:creator>Steve LeCompte</dc:creator>
				<category><![CDATA[Political Indicators]]></category>
		<category><![CDATA[Sentiment Indicators]]></category>

		<guid isPermaLink="false">http://www.cxoadvisory.com.php5-14.websitetestlink.com/?p=3851</guid>
		<description><![CDATA[...evidence suggests that public sociopolitical satisfaction and stock market valuation move substantially in step, with no way to exploit the broad sentiment measure in stock market trading.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
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		<title>War and Stock Market Returns [PREMIUM]</title>
		<link>http://www.cxoadvisory.com/14269/political-indicators/war-and-stock-market-returns/</link>
		<comments>http://www.cxoadvisory.com/14269/political-indicators/war-and-stock-market-returns/#comments</comments>
		<pubDate>Wed, 08 Jun 2011 10:05:14 +0000</pubDate>
		<dc:creator>Steve LeCompte</dc:creator>
				<category><![CDATA[Political Indicators]]></category>

		<guid isPermaLink="false">http://www.cxoadvisory.com/?p=14269</guid>
		<description><![CDATA[Do equity markets respond predictably to the probability and fact of war? In their May 2011 paper entitled &#8220;The War Puzzle: Contradictory Effects of International Conflicts on Stock Markets&#8221;, Amelie Brune, Thorsten Hens, Marc Rieger and Mei Wang relate U.S. stock market returns to the estimated likelihood of war involving the U.S. as evidenced by <a href="http://www.cxoadvisory.com/14269/political-indicators/war-and-stock-market-returns/"><strong>More...</strong></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
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		<title>Exploiting the Presidential Cycle and Party in Power [PREMIUM]</title>
		<link>http://www.cxoadvisory.com/13144/size-effect/exploiting-the-presidential-cycle-and-party-in-power/</link>
		<comments>http://www.cxoadvisory.com/13144/size-effect/exploiting-the-presidential-cycle-and-party-in-power/#comments</comments>
		<pubDate>Wed, 06 Apr 2011 10:15:41 +0000</pubDate>
		<dc:creator>Steve LeCompte</dc:creator>
				<category><![CDATA[Calendar Effects]]></category>
		<category><![CDATA[Political Indicators]]></category>
		<category><![CDATA[Size Effect]]></category>

		<guid isPermaLink="false">http://www.cxoadvisory.com/?p=13144</guid>
		<description><![CDATA[Are there reliable ways to exploit differences in asset class returns under Democratic and Republican U.S. presidents? In his April 2011 paper entitled &#8220;Is the 60-40 Stock-Bond Pension Fund Rule Wise?&#8221;, William Ziemba examines relationships between the U.S. presidential election cycle and long-run returns for several asset classes. Specifically, he investigates the differential performance of <a href="http://www.cxoadvisory.com/13144/size-effect/exploiting-the-presidential-cycle-and-party-in-power/"><strong>More...</strong></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Party Composition in Congress and Stock Returns [PREMIUM]</title>
		<link>http://www.cxoadvisory.com/9808/political-indicators/party-composition-in-congress-and-stock-returns/</link>
		<comments>http://www.cxoadvisory.com/9808/political-indicators/party-composition-in-congress-and-stock-returns/#comments</comments>
		<pubDate>Tue, 02 Nov 2010 10:32:41 +0000</pubDate>
		<dc:creator>Steve LeCompte</dc:creator>
				<category><![CDATA[Political Indicators]]></category>

		<guid isPermaLink="false">http://www.cxoadvisory.com/?p=9808</guid>
		<description><![CDATA[The U.S. Democratic and Republican political parties arguably exhibit persistently different policy inclinations that affect the aggregate performance of public companies and therefore the U.S. stock market. &#8220;Party in Power and Stock Returns&#8221; investigates annual stock returns for different combinations of the party in control of the the Presidency, the House of Representatives and More... <a href="http://www.cxoadvisory.com/9808/political-indicators/party-composition-in-congress-and-stock-returns/"><strong>More...</strong></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Party in Power and Stock Returns [PREMIUM]</title>
		<link>http://www.cxoadvisory.com/4036/political-indicators/revisiting-party-in-power-and-stock-returns/</link>
		<comments>http://www.cxoadvisory.com/4036/political-indicators/revisiting-party-in-power-and-stock-returns/#comments</comments>
		<pubDate>Thu, 14 Oct 2010 15:42:29 +0000</pubDate>
		<dc:creator>Steve LeCompte</dc:creator>
				<category><![CDATA[Political Indicators]]></category>

		<guid isPermaLink="false">http://www.cxoadvisory.com.php5-14.websitetestlink.com/?p=4036</guid>
		<description><![CDATA[Past research relating U.S. stock market returns to the party holding the Presidency mostly concludes that Democratic presidents are better for the stock market than Republican presidents. However, the President shares the power conferred by the electorate with Congress. Does historical data confirm that Democratic control of Congress is also better for stock market returns <a href="http://www.cxoadvisory.com/4036/political-indicators/revisiting-party-in-power-and-stock-returns/"><strong>More...</strong></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>A Few Notes on Capital Rising</title>
		<link>http://www.cxoadvisory.com/7256/fundamental-valuation/a-few-notes-on-capital-rising/</link>
		<comments>http://www.cxoadvisory.com/7256/fundamental-valuation/a-few-notes-on-capital-rising/#comments</comments>
		<pubDate>Mon, 12 Jul 2010 10:58:55 +0000</pubDate>
		<dc:creator>Steve LeCompte</dc:creator>
				<category><![CDATA[Fundamental Valuation]]></category>
		<category><![CDATA[Political Indicators]]></category>

		<guid isPermaLink="false">http://www.cxoadvisory.com/?p=7256</guid>
		<description><![CDATA[In their June 2010 book Capital Rising: How Capital Flows Are change Business Systems All Over the World, authors Peter Cohan and Srinivasa Rangan mine lessons from 47 case studies to &#8220;describe the phenomenon of capital flows, present new ways to think about what causes them to rise and fall, and describe ways that our <a href="http://www.cxoadvisory.com/7256/fundamental-valuation/a-few-notes-on-capital-rising/"><strong>More...</strong></a>]]></description>
		<wfw:commentRss>http://www.cxoadvisory.com/7256/fundamental-valuation/a-few-notes-on-capital-rising/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>How Rigorous is the Stock Trader&#8217;s Almanac?</title>
		<link>http://www.cxoadvisory.com/3014/calendar-effects/how-rigorous-is-the-stock-traders-almanac/</link>
		<comments>http://www.cxoadvisory.com/3014/calendar-effects/how-rigorous-is-the-stock-traders-almanac/#comments</comments>
		<pubDate>Mon, 12 Oct 2009 22:35:58 +0000</pubDate>
		<dc:creator>Steve LeCompte</dc:creator>
				<category><![CDATA[Calendar Effects]]></category>
		<category><![CDATA[Political Indicators]]></category>
		<category><![CDATA[Technical Trading]]></category>

		<guid isPermaLink="false">http://www.cxoadvisory.com.php5-14.websitetestlink.com/?p=3014</guid>
		<description><![CDATA[You can use these three categories (and key word searches) to identify similar analyses and thereby get a second opinion on specific anomalies.]]></description>
		<wfw:commentRss>http://www.cxoadvisory.com/3014/calendar-effects/how-rigorous-is-the-stock-traders-almanac/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Regulatory Activity and Stock Returns</title>
		<link>http://www.cxoadvisory.com/4087/political-indicators/regulatory-activity-and-stock-returns/</link>
		<comments>http://www.cxoadvisory.com/4087/political-indicators/regulatory-activity-and-stock-returns/#comments</comments>
		<pubDate>Thu, 02 Jul 2009 13:18:17 +0000</pubDate>
		<dc:creator>Steve LeCompte</dc:creator>
				<category><![CDATA[Political Indicators]]></category>

		<guid isPermaLink="false">http://www.cxoadvisory.com.php5-14.websitetestlink.com/?p=4087</guid>
		<description><![CDATA[...very limited evidence suggests that regulatory activity reacts to stock market returns with a lag of one to three years and has little or no effect on future stock market returns.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Do Investors Prefer an Idle Congress?</title>
		<link>http://www.cxoadvisory.com/4040/political-indicators/do-investors-prefer-an-idle-congress/</link>
		<comments>http://www.cxoadvisory.com/4040/political-indicators/do-investors-prefer-an-idle-congress/#comments</comments>
		<pubDate>Thu, 18 Jun 2009 12:48:27 +0000</pubDate>
		<dc:creator>Steve LeCompte</dc:creator>
				<category><![CDATA[Political Indicators]]></category>

		<guid isPermaLink="false">http://www.cxoadvisory.com.php5-14.websitetestlink.com/?p=4040</guid>
		<description><![CDATA[...in contrast with cited research, limited tests do not support a belief that the stock market reliably generates higher and less volatile returns when the U.S. Senate is not in session.]]></description>
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		<slash:comments>0</slash:comments>
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