New Jersey Analysis

I found this on David H. Smith’s “The Grayling” blog.  I found it to be very informative and interesting.  While it can be easy to dismiss this as one state’s woes, I think this type of analysis applied to all states would be an interesting exercise, as I’m sure the trends indicated have been happening more frequently than one would like to see:

SPX at 946.21 as this post is written