Summary
TAKING STOCK THE slide in world stock markets last week sent superstitious pundits reaching for their almanacs and muttering darkly how crashes always happen in October.
Given that the slumps of 1929 and 1987 occurred in October, there might appear to be some grounds for this fear. But in fact the record for the month is rather good.See the full content of this document
Extract
Spare Us the Gloom and Stick to Basics
October has been good for shares 64 per cent of the time during the past 85 years, making it the fourthbest month of the year for share price rises. Of course, neither the superstitious ...
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