November QBO Falls to +4.41

[donsutherland1]

As has been the case since at least the summer, the 2004 QBO continues to most closely resemble those of 2002 and 1969. Over the past six months, the QBO readings for those years are:

Code: Select all

Year   June   July   August   Sept   Oct   Nov
1969    9.35   9.08   9.78   9.74   9.75   7.34
2002   13.26  10.05  10.60   8.90   7.66   4.46
2004   11.75   9.96   8.82   7.22   7.84   4.41


The average monthly difference between each of those years and 2004 over the past 6 months is:

2002: 0.88
1969: 1.93