Your September Update: The Best Season for Profits is Right Around the Corner
Strange, but true: The next few months offer the best opportunity to make money for this year.
That may be tough to believe right now, and we understand why.
The recent uncertainty over interest rates, oil prices, inflation, and government shutdowns has left many investors feeling battered and, understandably, wary of this market.
But the numbers back it up. Typically, October through December are the best months for the S&P 500.
Let us prove it.
Here are the cumulative average S&P returns of August through December since 1990.
August: -0.6%
September: -0.8%
October: 1.6%
November: 1.9%
December: 1.3%
No other three-month stretch shows returns like the last quarter of the year. That's welcome news for investors who got off to a sizzling start in 2023 – mostly powered by tech – only to watch the market nosedive into the late summer.
A rough patch is immediately ahead, but if the market can navigate through it, we're about to enter the best time of year for investors – and we're optimistic about what that means for the Ultimate Alpha portfolio as we head into the final three months.
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