Financial Markets get confused by our calendar

Despite the latest technology, 14-week quarters confuse financial markets. Here’s how (article by Matthew Yglesias)

In another example, a business recently called me to book a job – a day early. This was because they had a calendar with March (and every following month) a day early, probably because it was a Leap Year that year. This wouldn’t have happened using a Fixed Calendar because Leap Days are not a weekday.

Note that the old French Republican calendar, suggested as the solution in Matthew’s article above, appears not to have been researched with the latest offerings in mind. The International Fixed Calendar.

One response to “Financial Markets get confused by our calendar”

  1. […] has significant on going consequences for accounting in any business and government financing. Here are some real world examples. The Fixed Calendar quarters do not coincide with whole months, which is considered a disadvantage […]

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