Get ready for a massive stock market rally, if history is any guide
==========
October has historically been the month for significant stock market rallies; Bespoke Investment Group reports 19 out of 61 rallies of 10% or more since WWII began in October; September 2024 saw the S&P 500 experience its worst week in 18 months; Jay Hatfield predicts S&P 500 could reach 6,000, implying 11% upside; contrasting views from Andrew Hollenhorst of Citi Research suggest a recession is imminent due to cooling job market; October through December is typically a strong period for the market; the latest jobs report indicates a growing economy.
#StockMarket #Rally #October #Economy #Recession #S&p500 #BespokeInvestmentGroup #JayHatfield #AndrewHollenhorst #FinancialAnalysis
https://fortune.com/2024/09/08/stock-market-outlook-massive-rally-october-history-rebound-selloff/
Fortune /
npub1v7…9v0r4
2024-09-08 22:38:14
Author Public Key
npub1v7hvaa8pv7g92sr6na55dtzaxmrrsgddxkhst3e8atw4nxusm37sg9v0r4Published at
2024-09-08 22:38:14Event JSON
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"content": "Get ready for a massive stock market rally, if history is any guide\n==========\n\nOctober has historically been the month for significant stock market rallies; Bespoke Investment Group reports 19 out of 61 rallies of 10% or more since WWII began in October; September 2024 saw the S\u0026P 500 experience its worst week in 18 months; Jay Hatfield predicts S\u0026P 500 could reach 6,000, implying 11% upside; contrasting views from Andrew Hollenhorst of Citi Research suggest a recession is imminent due to cooling job market; October through December is typically a strong period for the market; the latest jobs report indicates a growing economy.\n\n#StockMarket #Rally #October #Economy #Recession #S\u0026p500 #BespokeInvestmentGroup #JayHatfield #AndrewHollenhorst #FinancialAnalysis\n\nhttps://fortune.com/2024/09/08/stock-market-outlook-massive-rally-october-history-rebound-selloff/",
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