Sunday, November 9, 2008

A Look At The Dow Jones Industrial Average And Sunspots


From Watts Up With That:

This paper appeared in the journal Technological Forecasting & Social Change:

Sunspots, GDP and the stock market (View paper PDF)

by: Theodore Modis

Abstract

A correlation has been observed between the US GDP and the number of sunspots as well as between the Dow Jones Industrial Average and the number of sunspots. The data cover 80 years of history. The observed correlations permit forecasts for the GDP and for the stock market in America with a future horizon of 10 years. Both being above their long-term trend they are forecasted to go over a peak around Jun-2008.

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