Happy (Not so much) Anniversary

Keith Schneider | October 28, 2018

Historically, looking back over the past 20 years, October is the best performing month with an average return of +2.49%. However, as we pointed out in our October 7 edition of Market Outlook, when things don’t pan out according to historical averages markets get hysterical. Stock market crashes in October happen just before Halloween and include the one in 1987, the panic in 1907, and the crash in 1929, culminating on black Tuesday (October 29)

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