All Posts Tagged With: "october"

Surprise! Despite its “Black” Reputation, October Isn’t the Worst Month for Stocks.

Fresh off one of the most-volatile months ever for U.S. stocks, investors can’t be happy that they’re facing another October – the poster child for U.S. stock market crashes.

Thanks to the stock market crashes of 1929 and 1987, October has a reputation for being a horrible month for stocks. But once you dig into the data, you find that October’s reputation as the "jinx month" might just be undeserved.

While it’s true that some of the most spectacular crashes in history have occurred in October, the reality is that it’s September that has the worst track record of all for stock-market performance.

Story…

3Oct2008 | Money Morning | Comments Off | Continued

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