Don't look now, but the market is entering what's historically been a good period for investors.
No, it's not McRib season, although there's a case to made that the sandwich's reappearance bodes well for stocks.
Rather, investors will be glad to know that October kicks off what is typically a good three months for stocks, following a month in September that historically tends to be rough.
The S&P 500 index posted September declines of 3.9% in 2020, 4.8% in 2021, 9.3% in 2022 and 4.7% in 2023.
In fact, stocks have gone up in the fourth quarter 79.5% of the time — the highest success rate of any quarter.
Persons:
Jeffrey Hirsch