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IPFS News Link • Stock Market

"Red October": We Just Witnessed The Worst Month For The S&P 500 In 7 Years

• http://theeconomiccollapseblog.com,

The month of October is typically the most volatile month of the year for stocks, and that was definitely the case in 2018.  It was the worst month for the S&P 500 in 7 years, and it was the worst month for the Nasdaq in almost 10 years.  But the damage could have been much worse if we had not seen a bounce the last two trading days of the month.  On Wednesday, the Dow Jones Industrial Average was up 241 points, and investors are hoping that this is a sign that things are starting to settle down a bit.  And hopefully things will be calmer in November, because things were so chaotic in October that the month has already been branded "Red October" by the mainstream media

Wall Street finally bid good riddance to what one professional stock investor dubbed "Red October."


thelibertyadvisor.com/declare