fandomfare world Economic News in a flash Trump touts the worst market since 1929
Stocks are headed for their worst December since the Great Depression. The S&P 500 will book its worstDecember since 1931 if it closes below 2,594.56, according to CNBC. It’s on track to open up 21 points at 2,506 on Monday.
worst December since the Great Depression
The S&P 500 averages a 1.6 percent gain for December, making it typically the best month for the market, according to the Stock Trader’s Almanac.
While the S&P 500 began dissemination in 1950, the performance data was backtested through 1928. It’s worth noting that historically, the second half of December tends to see gains.
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