Its October, Time to Take the Money and Run?
October 14, 2017
This week, most key US Equities indexes hit new highs again, with the Dow industrials leading +.52 %. This upcoming week marks the 30-year anniversary of the great market meltdown or the crash of 1987.
October, although generally a good month for stock market returns, also hosts the biggest market selloffs including the great crash of 1929. Borrowing a quote form Henry Wadsworth Longfellow “and when she is good she is very, very good; but when she is bad she is horrid.”