FREAKY: The S&P Is RIGHT Where It Was On Leap Day Eve In 2008

Observation just now from Conor Sen on Twitter:

The last leap day eve — February 28, 2008 — the S&P closed at 1367.

Right now it’s at 1369, so basically in the exact same place it was then.

And we all know how the rest of the year ended.

chart

Photo: FRED

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.