How to get through October, the month of big stock market crashes
El recuerdo de 1929, 1987 y 2008 planea entre los analistas. Leer
Analysts are warning of a potentially volatile October for the stock market, citing its historical reputation as a "cursed" month due to significant crashes in 1929, 1987, and 2008. However, data from Satori Insights shows that 59% of October months have been positive, with an average 1.2% increase in the S&P 500 index when excluding those dramatic years.
Jefferies analysts are more cautious, citing downward revisions in earnings forecasts and tax-related sales by US funds. Despite this, Satori Insights notes that October and November tend to be strong months in years with US midterm elections, with positive returns 79% of the time.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
