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Presidential election cycle theory
| Глоссарий экономических терминов |
A theory that stock market trends can be predicted and explained by the four-year presidential election cycle.
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Hemline theory, английский
A theory that stock prices move in the same direction as the hemlines of women`s dresses. for example, short skirts (1920s and 1960s) are symbolic of bullish markets and long skirts (1930s and 1940s) are symbolic of bearish markets.
Unbiased predictor, английский
A theory that spot prices at some future date will be equal to today`s forward rates.
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