AJR ARRS: Your Link to CME
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Fig. 5 Scatterplot shows percentage of change month-to-month using rolling average data seen in Figure 4. Note three clear inflections points: June 1992, when the percentage of change switches from positive to negative; December 1995, when the percentage of change switches back from negative to positive; and March 2002, when the percentage of change switches to being negative after hovering around zero for about a year. Further data are required to assess whether December 2004 represents a true inflection point or a temporary blip.





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