If you want a more serious take on the current swine flu news than on that which we current crop of skeptics have blown our nose, and if you are interested in such “big news” implications for the markets from a statistical vantage point, my very large-brained buddy over at Caveman Forecaster has some interesting analysis on the subject that will be ongoing on his new blog site.
One Caveman Forecaster’s favorite subjects is the interpolation of news and stock trends, and if you attend to his site, you will find he will often post “news-meter” charts showing the amount of times an item will appear in the global news (usually via a google search methodology). It’s amazing how well this metric can correlate with stock prices. And my man is all about correlation and stock prices.
Although a very new blog, Caveman has already put out two nice pieces on the Case-Shiller Housing Index(Part I) and (Part II,) which I believe will morph into an ongoing study that will eventually lead to predicting housing starts in the short and long term. My friend is a statitician by trade and training, and as I mentioned, he has a brain two sizes too large. That all said, I think you’ll find him a very interesting fellow and far less boorish and pedantic than me in both his commentary and interaction at his blog. For the very least thing, he’s from the Midwest and not Lawn Guyland, which is a great advantage in getting along with others, I’ll have you know.
I believe Caveman Forecaster will also be doing a piece very soon in the PeeG, so look for him there as well, and please feel free to comment. As for the market, I will be picking up some more TC on this pulback. Cheers to all.
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