Haircuts and Roulette Wheels: Are we “Due” for a Correction?

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J.P. Morgan Insights (audio)

Miscellaneous


Like most people, I suppose, I get my hair cut every four weeks. If, either by consulting the calendar or the mirror, I am “due” for a haircut, I head off and get one. The passage of time or the growth of my hair since my last visit, is a very reliable predictor of the timing of my next one.