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https://www.wisebread.com/6-things-i...october-effect According to a new report from Yardeni Research, the average monthly return in October is 0.4%. That's not a massive return, but there were 51 years of positive returns versus 36 years with down markets. It's worth noting that when the market goes down in October, it goes down hard, to the tune of 4.7%. But that's offset by good months that average a 4.1% gain. In other words, history shows that October could swing big in either direction.
There will be radio silence from Trump. He only pats himself on the back when the market is up. America knows better. I think it is a correction due in part to the huge run-up.
Obviously some on here do not understand the rules when discussing the stock market during this presidency, so I'll post them:
If the stock market is up, it's because Trump is the best president that ever was. There should be no mention of the market steadily rising since Obama's first fiscal year began because "you can keep your doctor" butter emails, MAGA!
If the stock market is down, it obviously has nothing to do with Trump; it's just a fluctuation. Benghazi! Iran! MAGA!
Obviously some on here do not understand the rules when discussing the stock market during this presidency, so I'll post them:
If the stock market is up, it's because Trump is the best president that ever was. There should be no mention of the market steadily rising since Obama's first fiscal year began because "you can keep your doctor" butter emails, MAGA!
If the stock market is down, it obviously has nothing to do with Trump; it's just a fluctuation. Benghazi! Iran! MAGA!
You're welcome in advance.
Thanks for letting me know the rules. I've already been told I want the country to fail by starting this thread. I think that person has been tuning in to a little too much Hannity.
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