Sure, you could listen to the experts about what the stock market will do.
But how reliable is that?
The return of the cicadas this summer — now that’s something you can bank on.
These locusts make their appearance in mass every 17 years in the Northeast. And when they do, stocks go up nearly 21 percent on average. That’s double the historical average. And that’s been the case since 1928, the Wall Street Journal reports.
Howard Silverblatt, a market data whiz, saw the cicada correlation but, according to the Journal, warned against reading too much into it.
“You can prove nanything you want,” he told the Journal. “Start with your answer, and I have the data to prove it.”
Ya, but 85 years of stock-rising coincidences? That’s hard to swat away.