Are stock market returns in January typically higher than the other eleven months of the year?

The so-called January Effect has been discussed in academic literature and the popular press since the 1970’s. Today on Ottawa radio station CFRA, Business @ Night host Greg Hebert and I reviewed the January Effect, its possible causes and how individual investors may or may not be able to capture excess January market returns.

The audio recording is available here.

If you have any thoughts or comments about the January effect, please post them below.